Japan goes light on AI regulation to court investment
In this article:
- Japan aims to attract AI investment from Europe and other regions by becoming the “most AI-friendly country in the world.”
- Japan plans to adopt a regulation-light approach to AI.
- The European Union recently passed the AI Act, a comprehensive law governing AI use.
- Japan’s AI Strategic Council is leading the debate in Japan.
- The council is focusing on industry-led oversight instead of strict regulation.
- A source familiar with the council’s discussions stated that no members are seriously advocating for strict AI regulation.
- The source emphasized the importance of prioritizing innovation over regulation.