The EU and the US have teamed up to regulate generative artificial intelligence (AI) products, including ChatGPT, a chatbot that can create essays, participate in philosophical discussions, and write computer code. The European Commission is spearheading the initiative by proposing a voluntary code of conduct that companies can sign up for. With legislation to regulate AI lacking behind the technology’s capabilities, the European Commission hopes to establish an international agreement to mitigate the risks posed by the new technology. Given this slow progress, it may take around two to three years before legislation is enacted. The EU and US aim to draft a code of conduct for AI that will include input from the industry.
ChatGPT, developed by OpenAI, is a chatbot that can generate text from prompts given by users.
Margrethe Vestager is the European Commission’s executive vice president.
ChatGPT has garnered attention from users and researchers for its ability to generate seamless text that resembles that of humans. However, given the potential for misuse, the AI community, policymakers, and private sector groups are cautious about its wider deployment. The EU and US’s joint initiative is aimed at mitigating the possible risks posed by the tool’s growing adoption. Snapchat, Facebook, and Google have all been developing AI tools that replicate the chatbot’s abilities.
