According to Nick Clegg, creators who embrace artificial intelligence technology will have an advantage over those who oppose it. He stressed the need for an international agency to regulate AI and cautioned against fragmented laws. While Clegg downplayed the idea of compensating content creators for their work used by chatbots and generative AI, he stated that such information would be available under fair use arrangements. Clegg emphasized that collaborating with AI technology rather than hindering it would prove beneficial in the long run. He mentioned Meta's transparency and safety efforts with the release of Llama 2, a large language model developed in collaboration with Microsoft. The Australian government is currently addressing AI regulation, aiming for better frameworks to ensure safety and trust in various sectors.

Clegg urged international cooperation in establishing consistent AI regulations, highlighting the importance of multilateral approaches and collaboration among major jurisdictions. Meta is encouraging tech companies to establish their own guidelines on transparency, accountability, and safety while waiting for government legislation. Clegg supported the idea of international oversight if AI technology becomes more powerful but considered current models to be "sophisticated guessing machines" rather than autonomous agents. However, he acknowledged that the development of more advanced AI would require a different regulatory approach. Clegg defended the release of Meta's open-source AI model, emphasizing compliance with existing laws and fair use standards. He highlighted the importance of responsible development and industry standards for AI innovation.