Italian Prime Minister Giorgia Meloni announced a €1 billion investment fund for artificial intelligence projects, emphasizing the need for ethical rules governing AI technology. The fund aims to attract further investment and foster an Italian way of developing AI. Meloni highlighted the importance of ethical considerations that prioritize individual rights and needs in AI development. Italy is also working on domestic legislation to complement the EU’s forthcoming AI laws and support local companies. AI’s rapid advancement, underscored by Microsoft’s ChatGPT launch, has spurred global concerns. As Italy assumes the G7 presidency, AI will be a top priority, with a focus on ethical and human-centered AI use in the public sector. The upcoming G7 ministers’ meeting aims to establish frameworks for ethical AI development and voluntary monitoring mechanisms. Italy seeks to implement a non-binding code of conduct for advanced AI systems developed by companies.
Italian Prime Minister Announces €1 Million AI Fund Amid Global Ethics Concerns, Italy
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