Note: Single-source report; awaiting corroboration.
G20 member ministers concluded a two-day Innovation Ministerial in Chapel Hill, North Carolina, hosted by the Department of Commerce and the White House Office of Science and Technology Policy (OSTP). The ministers released a consensus statement highlighting the potential of emerging technologies to unlock prosperity, enhance productivity, and expand opportunities globally.
The statement details six pillars reflecting shared principles: pro-innovation policy frameworks; technology as a driver for opportunity and prosperity; skilled technical workforce development; intellectual property policies suited for artificial intelligence; AI standards development; and industrial innovation with investment in supply chains. Ministers also agreed on the Carolina Principles for Emerging Technologies, urging investment in foundational research, stronger commercialization pathways, and support for trusted technology adoption and deployment.
Secretary of Commerce Howard Lutnick called the consensus a significant accomplishment that gives entrepreneurs confidence to invest, promotes domestic manufacturing, and ensures intellectual property systems encourage innovation. OSTP Director Michael Kratsios emphasized that flexible policy frameworks fostering innovation are vital for global economic growth and expanded opportunities.
The Ministerial included fireside chats with OSTP Director Kratsios and Secretary Lutnick, featuring CEOs and leaders from Tesla, SpaceX, Google DeepMind, Meta, NVIDIA, Anthropic, OpenAI, and Palantir. Discussions focused on innovation, technology policy, and future opportunities.
Outcomes included the release of the AI Prosperity Objectives and the AI Prosperity Compact, aiming to advance technical workforce development across the G20 and boost private sector collaboration.