Carney calls for global tech body to strengthen AI guardrails

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeInnovationCarney calls for global tech body to strengthen AI guardrailsDonald Trump has dismissed calls for AI guardrails and slammed critics urging a slowdown in the technology’s developmentAuthor of the article:Brian Platt and Christine DobbyLast updated 5 minutes ago Mark Carney is riding a wave of political popularity that gives him greater latitude to pursue his agenda of expanding Canada’s diplomatic and investment relationships. Photo by Blair Gable/PostmediaCanada wants to see the creation of a global “technology stability” body to help oversee artificial intelligence and ensure it is safe, Prime Minister Mark Carney said.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an Account“There’s a need for coordination,” Carney said in an interview with Bloomberg News on Monday. “Ultimately, a technology stability board, in our view, along the lines of the Financial Stability Board would make sense.”“It’s an opportunity — and I think ultimately what it’s going to mean is greater value creation and greater value delivery to people.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe leaders of major AI labs, including Anthropic chief executive Dario Amodei, have said development of the most advanced systems must be slowed in order to prevent AI slipping beyond human control and inflicting catastrophic harm.But United States President Donald Trump dismissed calls for artificial intelligence guardrails and slammed Amodei for urging a slowdown in the technology’s development.Carney also said his government will announce reforms soon to make Canada’s tax system more competitive, and will accelerate federal approvals on major projects so that they’re done in one year.“Foreign capital is underallocated to Canada,” Carney said.The prime minister and his top officials are preparing to pitch more than 100 high-profile global investors at a summit he has convened in Toronto. The Canadian team has prepared a prospectus of more than 160 projects in need of hundreds of billions of dollars, though some are still in very early stages of planning.Carney, along with key economic cabinet ministers and some of the country’s most powerful business executives, will meet formally with the out-of-town guests at a gala dinner Monday evening and during a full day of conference discussions at Toronto’s Four Seasons on Tuesday.The summit comes during a fraught period of relations with the U.S., Canada’s largest trading partner. After trade negotiations broke down on Aug. 21, Trump imposed new 50 per cent tariffs on US$20 billion of goods imported from Canada, and Carney soon retaliated on a roughly equal amount of U.S.-made products.Trump officials have repeatedly denigrated Canada over the past few weeks, and Trump ordered Lake Ontario be renamed to Lake America. Last week, U.S. officials announced plans to fully block Canadian imports such as alcohol and some dairy products, and to restrict Canadian companies from U.S. government contracts.Despite all of that — or perhaps because of it — Carney is riding a wave of political popularity that gives him greater latitude to pursue his agenda of expanding Canada’s trade and investment relationships with non-U.S. partners.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.For months, Carney has been seeking closer ties with allies abroad. After the investment summit ends, he’ll fly to Strasbourg, France, where he and European Commission President Ursula von der Leyen are expected to speak about plans to build a closer partnership between Canada and the European Union. That alliance is likely to cover a number of areas, including trade, security, supply chains and access to raw materials, people familiar with the matter told Bloomberg News.Carney has also travelled extensively throughout the year to countries including China, India, Australia, Qatar, Saudi Arabia and Japan, often with the aim of signing partnerships and developing new markets for Canadian exports.—With assistance from Laura Dhillon Kane, Thomas Seal and Sarah Frier.We apologize, but this video has failed to load.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.