Unprecedented AI Rules Set by EU After ChatGPT Skyrockets
TL/DR –
The European Union has reached an agreement on landmark rules for artificial intelligence (AI), in the first major regulation of the technology in the western world. The key areas of contention were how to regulate generative AI models, such as OpenAI’s ChatGPT, and the use of biometric identification tools. The new law categorizes AI into different risk levels, from “unacceptable” – technologies that must be banned – to low-risk forms of AI, with Germany, France, and Italy opposing direct regulation of generative AI models and favoring self-regulation through government-introduced codes of conduct.
New Landmark EU Rules for Artificial Intelligence
A landmark agreement has been reached on Friday by the European Union (EU) regarding rules for artificial intelligence (AI), marking the first significant regulation of this emerging technology in the western world. The AI Act by the EU aims to establish a common regulatory and legal AI framework.
Challenges and Debates Around AI Regulation
Key EU institutions spent the past week discussing proposed rules on generative AI models and biometric identification tools, such as facial recognition and fingerprint scanners. Germany, France, and Italy have objected to directly regulating foundation AI models, suggesting industry self-regulation guided by governmental codes of conduct.
Concerns About Stifling Innovation
Eurozone leaders have expressed concerns about over-regulation impeding Europe’s competitiveness with Chinese and American tech giants. Notably, Germany and France are home to promising AI startups like DeepL and Mistral AI.
The EU AI Act: A First of Its Kind
The EU AI Act is a pioneering legislation specifically targeting AI technologies. It classifies AI into different risk categories from “unacceptable” (technologies requiring a ban) to high, medium, and low-risk forms.
Generative AI in the Spotlight
Generative AI, used in tools like OpenAI’s ChatGPT, became the center of attention after it was publicly released last year. These tools, capable of generating sophisticated, human-like outputs, have garnered criticism due to concerns about job displacement, discrimination, and privacy infringement.
Generative AI’s Impact on the Hiring Process
Watch how generative AI can accelerate the hiring process for the healthcare industry.
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