The second global summit on AI regulation in Seoul showed progress in overseeing AI development. Tech companies reiterated their commitment to basic safeguards. Governments are establishing institutions to monitor risks and define restricted areas. The focus is on harmonizing international regulations to keep AI within approved limits. While promising, current regulations lack enforcement. The shift to government oversight signals progress from industry and academia. Two approaches are emerging: applying rules based on use cases and controlling AI development at its source to prevent scenarios where AI outwits regulations.
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