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Recent Editions
Risk Channel
North America
The Trump administration is considering the introduction of government oversight for new AI models. The U.S. government is discussing an executive order to create an AI working group that would bring together tech executives and government officials to examine potential oversight procedures. The New York Times notes that the mooted discussions signal a stark reversal in the administration’s approach to the technology; Donald Trump has been a major booster of the technology since returning to office last year, saying it is vital to winning the geopolitical contest against China. “Right now it’s a beautiful baby that’s born,” Mr. Trump said of AI at an event in July. “We have to grow that baby and let that baby thrive. We can’t stop it . . . We can’t stop it with foolish rules and even stupid rules.”
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Risk Channel
UK/Europe
The First Conference on Transitioning away from Fossil Fuels has concluded with more than 50 countries agreeing to work on trade measures aimed at cutting demand for fossil fuels. World leaders gathered in Colombia's Santa Marta last week for the first-ever global talks to accelerate the shift, a step participating nations said was not just a climate priority but vital for energy independence. The conference was announced last year after the failure of the official UN COP30 climate summit in Brazil to include an explicit reference to fossil fuels in its final deal. “The conclusion is unavoidable, we must transition away from fossil fuels - not just because it’s good for climate, but because it strengthens our energy independence and security,” said Stientje van Veldhoven, minister for climate policy and green growth for the Netherlands, which co-hosted the conference with Colombia.
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