The Rise of Generative AI Algorithms: Implications and Collaborative Efforts at TTC Meeting

Top U.S. and EU officials gather in Sweden to discuss key issues including China, AI, and trade policies. U.S. Secretary of State Blinken and EU Commission Vice President Vestager lead the talks at the Trade and Technology Council meeting.

The agenda covers a wide range of topics such as generative AI algorithms like ChatGPT, export controls, and investment monitoring. China's practices and disinformation will also be addressed.

Washington aims to address concerns expressed at the recent G7 summit, raising the focus on China. The EU presents its "Economic Security Strategy" to safeguard critical technology. Cooperation on green trade and critical minerals for electric vehicles is also on the table.

The EU seeks progress on a "green steel" arrangement to address overcapacity and avoid the return of steel and aluminium tariffs imposed by former U.S. President Trump. Mutual recognition of products and trade agreements remain key points of discussion. 

The meeting signifies a crucial moment for transatlantic cooperation on future technology, addressing global challenges, and finding common ground on trade issues. Stay tuned for updates from the Trade and Technology Council meeting!