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AI shouldn’t only benefit ultra-wealthy 'oligarchs,' Trudeau tells global AI summit

Darpan News Desk The Canadian Press, 10 Feb, 2025 10:49 AM
  • AI shouldn’t only benefit ultra-wealthy 'oligarchs,' Trudeau tells global AI summit

The world needs regulation to ensure the benefits of artificial intelligence aren't only enjoyed by extremely wealthy "oligarchs", Prime Minister Justin Trudeau said in a speech Monday at a global conference on AI.

Trudeau said that the goal isn’t to stop progress but the technology needs guardrails, transparency and accountability.

"We must put AI to the service of everyone, in both high and low income countries, not just for an increasingly small group of ultrarich oligarchs whose only concern is the value of their stock portfolio," he said.

His comments come as U.S. President Donald Trump's administration — which has been friendly with the tech sector — pushes back on international efforts to regulate artificial intelligence.

Trudeau used his speech to explain how AI plays into the agenda for the June G7 summit.

A day earlier at a roundtable in Paris, Trudeau said that the need for more electricity to power artificial intelligence will be a key topic of discussion at the G7 this year, as Canada assumes the presidency of the multinational body. He said increased power generation shouldn't come at the expense of addressing climate change — and nuclear energy should play a role.

"As an environmentalist, for me, the debate is over," he said.

"Large-scale nuclear reactors must be part of this solution for the future, because if you're not willing to embrace nuclear now, then coal-powered AI from other parts of the world will shape the coming decades for the worse."

Trudeau also used his speech to pitch Canada as a place for AI investment, praising Canadian AI pioneers like Yoshua Bengio, Geoffrey Hinton and Richard Sutton.

He said Canada also has "the critical minerals needed to build this technological revolution, specialized semiconductor expertise, and one of the world's cleanest electricity grids."

"And yes, we're reasonable and always polite," he added to chuckles from the audience.

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