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3 Nov - Commercial Awareness - Tech

Topic: AI Summit in the UK

https://www.ft.com/content/0869d0ec-a6fd-4fec-844a-61f837ed21a9

[URL unfurl="true"]https://www.ft.com/content/364394b5-e945-465a-9ed1-ad28a1d1f49c[/URL]


Hi, I'm very happy to announce that I have been offered a paralegal position at a PE-focused firm in London. It's not the end (a TC), but I think it's a significant progress. It starts on next Tuesday, so I'm feeling nervous and excited at the same time. I will remain committed to this thread, but I think it's a good idea to take time off LinkedIn so let's stay in touch here!


Today's news is about AI Summit. When I attended Covington Insight Series, the trainees shared that it was something that they were working on. It is worth noting that Covington is strong on regulatory law, with a notable focus on science and tech, so I'm not at all surprised that they will be heavily involved in a lot of public policy work.


28 countries rallied to participate at the inaugural AI Summit, hosted by the UK at Bletchley. Countries involved China, Nigeria, Japan, France, and Germany. From the tech end, executives from Open AI, Microsoft, Meta, and Google attended. Topics include the risks of AI safety, loss of control of AI, and international cooperation.


Pressure from US

On the same day of the AI Summit, the US announced that they are setting up their own institute to police AI. Not just the US, but even in China and EU, they’re adopting their own set of measures with significant disparity. If the countries are to be ranked in the order of strictness on tech companies (pro-innovation), it would be as such:


China > EU > UK/ US


Regardless, it’s worth noting that China’s presence at the Summit is landmarking success on the part of UK.


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