Political leaders and technologists came together at the Artificial Intelligence Security Summit held in the UK after artificial intelligence has been involved in every aspect of our lives for the last year.

Some technologists and political leaders have warned that the rapid development of artificial intelligence poses an existential threat to the world if left unchecked, sparking a race among governments and international organizations to design safeguards and regulations.

Artificial Intelligence Summit: China partners with the US and EU

ELON MUSK PARTICIPATED

In a first in the West's efforts to manage secure development, a Chinese deputy minister joined US and EU leaders and tech moguls such as Elon Musk and ChatGPT's Sam Altman at a summit in Bletchley Park, UK.

More than 25 countries, including the US and China as well as the EU, signed a "Bletchley Declaration" stating that countries should work together and establish a common approach to surveillance.

The Declaration sets out a two-pronged agenda focused on identifying risks of common concern and developing scientific understanding of these risks, while also developing cross-country policies to mitigate these risks.

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CHINA'S MINISTER OF SCIENCE AND TECHNOLOGY SIGNALS READINESS FOR COOPERATION

Speaking at the opening session of the two-day summit, Wu Zhaohui, China's vice minister of science and technology, said Beijing is ready to step up cooperation on AI security to help build an international "governance framework".

"Countries, regardless of their size and scale, have equal rights to develop and use artificial intelligence," Zhaohui said.

ARTIFICIAL INTELLIGENCE CAN REACH MORE INTELLIGENCE THAN HUMAN BEINGS

Concerns about the impact AI could have on economies and society began in November last year when Microsoft-backed OpenAI launched ChatGPT.

By using natural language processing tools to create human-like dialogues, it fueled fears, including among some AI pioneers, that machines could eventually achieve greater intelligence than humans, leading to unlimited, unintended consequences.

Governments and authorities are now trying to chart a path forward, with AI companies worried about being weighed down by regulations before the technology reaches its full potential.

"AI IS ONE OF THE EXISTENTIAL RISKS AND THE MOST URGENT"

Elon Musk said, "For the first time we are facing something that will be smarter than even the smartest human. I think AI is one of the existential risks we face and the most urgent one."

On the other hand, Musk stated that the timing of the global summit for artificial intelligence security was very accurate.

2 MORE SUMMITS WILL TAKE PLACE IN 1 YEAR

UK Digital Minister Michelle Donelan said that just getting so many key players together was an achievement.

Donelan announced two more AI Security Summits, one in South Korea six months from now and one in France six months after that.