The draft guidelines were presented at a government AI strategy meeting. The move is part of Japan's efforts to balance safety concerns with the need to maintain corporate competitiveness in the rapidly evolving field of AI. The government's increased budget allocation for AI-related spending underscores its commitment to fostering growth and innovation in this sector.
Key takeaways:
- Japan has proposed guidelines for companies that use artificial intelligence, aiming to ensure safety through transparency measures such as the disclosure of training data.
- The guidelines are designed to avoid excessive restrictions while ensuring safety.
- The draft guidelines were outlined at a government AI strategy meeting, where it was also revealed that the government would seek 164 billion yen ($1.11 billion) for AI-related spending in the fiscal 2024 budget.
- This budget is up 50.3 billion yen from fiscal 2023, indicating a significant increase in AI-related investment.