G20 reaches consensus on global technology policy
Istanbul (ANTARA) - G20 ministers concluded a two-day ministerial meeting on innovation in Chapel Hill, North Carolina, on Wednesday (2/9), reaching a consensus on the governance and application of emerging new technologies.
“Reaching consensus within the G20 is not an easy feat, but the topic of innovation as a driver of growth has united us in a historic moment of unity,” said US Trade Secretary Howard Lutnick.
He emphasised that the agreement provides confidence for entrepreneurs to invest, while ensuring that intellectual property frameworks are capable of both driving and protecting innovation.
The consensus statement, known as the Caroline Principles for Emerging Technologies, outlines shared objectives across six key pillars.
These pillars include policy frameworks that support innovation, the utilisation of technology to create opportunities and prosperity, and the development of a skilled technical workforce.
The principles specifically encourage member nations to invest in basic research and strengthen commercialisation pathways.
The framework also prioritises intellectual property policies for Artificial Intelligence (AI), as well as the establishment of standards for AI systems and industrial innovation through investment in supply chains.
The meeting also launched the AI Prosperity Objective and the AI Prosperity Compact to further promote the development of a technical workforce across G20 nations and expand partnership opportunities with the private sector.
Michael Kratsios, Director of the Office of Science and Technology Policy (OSTP)—the agency that advises the US executive branch on technology issues—stated that this vision relies on flexible policy frameworks to drive global growth.
The summit, organised by the US Department of Commerce and the OSTP, featured high-level discussions with leading technology leaders, including Elon Musk (Tesla and SpaceX), Jensen Huang (NVIDIA), Sam Altman (OpenAI), and Mark Zuckerberg (Meta).
The meeting was attended by representatives from 20 countries and regional organisations, including Türkiye, China, the European Union, Russia, and the United Kingdom.