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Photo: Carsten Koall/Getty Images.

Google CEO Sundar Pichai is calling for regulations on artificial intelligence, warning that the technology can bring both positive and negative consequences, AP reports.

Why it matters: Lawmakers are largely scrambling to play catch-up on AI regulation as the technology continues to grow. Pichai did not provide specific proposals, but did urge while speaking at the Bruegel European economic think tank Monday that "international alignment" between the United States and the European Union will help ensure AI is used primarily for good.

  • Pichai also delivered his thoughts on the matter in an op-ed in the Financial Times Sunday, writing: "There are real concerns about the potential negative consequences of AI, from deepfakes to nefarious uses of facial recognition. While there is already some work being done to address these concerns, there will inevitably be more challenges ahead that no one company or industry can solve alone."

Our thought bubble: It’s not just industry; the U.S. government is also urging transatlantic consensus on AI regulation. That would deliver a unified counter to China’s authoritarian use of the technology. But it would also ensure Europe doesn’t charge ahead with more stringent AI regulation than Silicon Valley is prepared to accept. The EU already went it alone with its own firm privacy rules.

Flashback: Google has long grappled with the nuances of AI and government. The company in 2018 announced it wouldn’t re-up a controversial Pentagon contract to use AI to analyze drone footage, citing a conflict with its own principles on the tech.

The bottom line: The age of Silicon Valley regulating itself is over. The industry is now working to take as central a role as possible in shaping the laws that are likely coming.

Go deeper:

Go deeper

Dion Rabouin, author of Markets
23 mins ago - Economy & Business

The fragile recovery

Data: Department of Labor; Chart: Axios Visuals

The number of people receiving unemployment benefits is falling but remains remarkably high three weeks before pandemic assistance programs are set to expire. More than 1 million people a week are still filing for initial jobless claims, including nearly 300,000 applying for pandemic assistance.

By the numbers: As of Nov. 14, 20.2 million Americans were receiving unemployment benefits of some kind, including more than 13.4 million on the Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs that were created as part of the CARES Act and end on Dec. 26.

Ben Geman, author of Generate
43 mins ago - Politics & Policy

The top candidates Biden is considering for key energy and climate roles

Photo: Alex Wong/Getty Images

Senate Minority Leader Chuck Schumer (D-N.Y.) has urged President-elect Joe Biden to nominate Mary Nichols, chair of California's air pollution regulator, to lead the Environmental Protection Agency, Bloomberg reports.

Why it matters: The reported push by Schumer could boost Nichol's chances of leading an agency that will play a pivotal role in Biden's vow to enact aggressive new climate policies — especially because the plan is likely to rest heavily on executive actions.

U.S. economy adds 245,000 jobs in November as recovery slows

Data: BLS; Chart: Axios Visuals

The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.

Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.