EU Sees Common Ground with Japan over AI Regulation

Summary
On October 9, 2023, European Commission (EC) Vice President for Values and Transparency Věra Jourova stated that the European Union (EU) sees “convergence” with Japan in its thinking regarding generative AI. The statement comes at a time when Japan appears to be more interested in flexible approaches to AI than the EU’s risk-based framework in the draft EU AI Act, and it may signal that the EU and Japan are coming closer to agreement on how to approach international guidelines to regulate the technology. However, Jourova cautioned that the two countries were not yet prepared to agree on a code of conduct for companies involved in AI.