Musk, Huang, and Altman will gather at the G20 summit as the US plans to push for a loosening of AI regulations.

Musk, Huang, and Altman will gather at the G20 summit as the US plans to push for a loosening of AI regulations.

Key figures in the U.S. tech industry will gather in North Carolina to push G20 members to reach a consensus on an AI governance framework centered on "light regulation".

On August 27, Bloomberg, citing sources familiar with the matter, reported that SpaceX CEO Elon Musk and former White House AI director David Sacks will attend the G20 Science and Technology Ministerial Meeting next week, sharing the stage with tech giants such as Nvidia CEO Jensen Huang and OpenAI CEO Dennis Altman. The meeting is jointly organized by White House Office of Science and Technology Policy Director Michael Kratsios and Commerce Secretary Howard Lutnick.

A key agenda item of the meeting was to push G20 members to accept a non-binding AI governance framework known as the "Carolina Principles. " These principles advocate for "light regulation" of emerging technologies, avoiding the establishment of new regulatory bodies, and encouraging governments and businesses to strengthen cooperation in testing new technologies. White House officials are actively lobbying G20 members, hoping to reach a consensus before the ministerial meeting concludes.

If adopted, the framework will be submitted as a joint statement to the G20 leaders' summit in December. Trump will host the summit at his golf club in Doral, Florida.

The lineup will be unveiled over two days, with Musk participating online.

According to reports citing sources familiar with the matter, Musk, Sacks, and Meta President Dina Powell McCormick will appear on the first day of the conference on September 1st, local time, with all three participating online. McCormick previously served as Deputy National Security Advisor during Trump's first term.

Jensen Huang and Altman will attend an agenda led by the U.S. Department of Commerce on the second day. Axios had previously released the list of speakers for the second day, and OpenAI has also confirmed that Altman will participate in the conference.

Other speakers on the first day included Bob Mumgaard, CEO of nuclear fusion startup Commonwealth Fusion Systems, and Michael Crow, president of Arizona State University.

The "Carolina Principles" target the lack of regulation of AI.

According to reports citing sources familiar with the matter, the core tenets of the "Carolina Principles" include: policymakers should avoid creating new regulatory bodies; implement differentiated regulations based on the characteristics of different industries; and promote cooperation between the government and the private sector in testing emerging technologies.

Musk, Sacks, and McCormick are expected to each elaborate on how to shape the regulatory environment to unleash technological innovation as much as possible while controlling risks at the conference.

As the global AI race continues to intensify, disagreements among countries regarding the extent to which governments should intervene in the AI industry are becoming increasingly prominent. The US government is currently attempting to strike a balance between encouraging innovation and preventing cybersecurity and national security risks, an issue that has sparked significant policy debates within the Trump administration.

This ministerial meeting on science and technology is also one of the preparatory activities for the G20 Leaders' Summit in December. The G20 members include major economies such as China, Japan, Saudi Arabia, Canada, the United Kingdom, and France, and there are significant differences among them regarding their AI regulatory philosophies.

It is worth noting that although Sacks left the White House earlier this year, sources familiar with the matter said he continues to provide policy advice to Trump as a venture capitalist.

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