Regulation News

Elon Musk: China Willing To Work With U.S. On AI

Billionaire Elon Musk on Wednesday spoke yet again about the need for regulation and oversight of the artificial intelligence (AI) space.
Published by
Elon Musk: China Willing To Work With U.S. On AI

Billionaire Elon Musk on Wednesday said artificial general intelligence (AGI) would be the finale event after five years in the AI space. He spoke yet again about the need for regulation and oversight of the artificial intelligence (AI) space, stating that the AGI development is the most important part of the history of humanity. Musk said goods and services will not be scarce in a positive AGI future. The Tesla CEO also spoke about China’s willingness to collaborate with international groups to work positively on AI regulation, as against the popular perception.

Also Read: US Govt Selling Silk Road Related Bitcoin, Crypto Crash Ahead?

He said there was a consensus around the world, including in China, on the need for AI oversight and regulation.
Drawing parallels with the regulation on nuclear technology, Musk said AI is potentially dangerous on a civilizational level, in that it should be taken careful going forward. He was speaking in a Twitter space in which United States Representative from California Ro Khanna also participated. Khanna said the Congress is going to need assistance in terms of expertise in understanding the technology.

Advertisement

Will US Regulation On AI Become A Hurdle?

Musk spoke about the concern that regulating AI without stifling innovation especially when China based companies may not pause to develop AI and use it for evil purposes, while the United States could lag behind in the AI game. The Tesla CEO advocated the policy of ‘insight followed by oversight’ for regulating the industry. ‘Insight and Oversight’ would be the right sequence and the government should understand this through industry groups, he recommended.

Speaking about the immense power of AI, he said governments do not want to be controlled by digital super intelligence, including China. Hence, insight for few years with consultation with the industry and then going for oversight would be the right approach.

“People don’t realize but it is difficult to understand the power of AI for the general public unless there are easy to use products like ChatGPT and Mid journey. Team Humanity should focus on avoiding digital warfare we only got one planet so far and we don’t want to lose it.”

Musk said China is “definitely interested” in working with the global regulatory framework, including with the US, to work on AI development, despite the low trust environment between China and United States.

Also Read: Elon Musk Launches New AI Outfit, is This ChatGPT’s Competitor?

Advertisement
Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

U.S. Banks May Soon Issue Stablecoins as FDIC Proposes GENIUS Act Framework

U.S. banks could soon begin applying to issue payment stablecoins after the Federal Deposit Insurance…

December 17, 2025
  • Crypto News

Breaking: U.S. SEC Ends Four-Year Investigation Into Aave Amid Ongoing DAO Saga

The U.S. Securities and Exchange Commission (SEC) has ended its 4-year investigation into Aave Protocol,…

December 16, 2025
  • Crypto News

Breaking: U.S. Jobs Data Comes In Above Expectations, Bitcoin Price Rises

The U.S. jobs data has come in above expectations, with the nonfarm payrolls and unemployment…

December 16, 2025
  • Bitcoin News

Bitcoin Risks Deeper Fall on $20 Billion Crypto Hedge Fund Redemptions

Bitcoin price trades around $86k after crashing from $92k amid panic among institutional investors, as…

December 16, 2025
  • Altcoin News
  • Crypto News

Crypto Attack of the Century? Solana Network Resists Historic DDoS With Zero Downtime

The Solana blockchain is going through a serious stress test due to having to resist…

December 16, 2025
  • Crypto News

Shiba Inu News: SHIB Scores Major Win With U.S. Regulated Derivatives Launch

Shiba Inu has received another major utility boost as Coinbase’s SHIB index fund goes live…

December 16, 2025