Artificial Intelligence: On December 8, European Union negotiators reached a historic agreement on the first complete set of rules for artificial intelligence (AI) globally. The agreement paves the way for the legal oversight of technology used in well-known generative AI services like ChatGPT, which promise to transform daily life but have raised questions about possible dangers to humankind. Read on to learn more.
Europe agrees to landmark regulations on artificial intelligence
Thierry Breton, the European Commissioner overseeing a set of legislation governing social media and search engines in Europe, including the likes of Google, X, and TikTok, called the arrangement “historic.”
In the competition to control artificial intelligence and shield the public from dangers, such as a possible threat to life, which many think the quickly advancing technology bears, the accord places the EU ahead of the US, China, and the UK.
A few specifics about the proposed law, which wouldn’t go into force until at least 2025, were given by officials.
Impact on the industry
Concerns have been raised by European businesses about how too stringent regulations could choke innovation in this quickly developing field, which gained popularity following the release of OpenAI’s ChatGPT. Many of the biggest European corporations, like Germany’s Siemens and France’s Airbus, expressed concern in June of last year about the regulations’ perceived inability to foster innovation and support regional businesses.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER
