EU Seeking to Establish Rules For Artificial Intelligence Programs Like ChatGPT

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European Union legislators are examining ways to bring legislation and regulation to powerful Artificial Intelligence (AI) technologies including ChatGPT. According to a Wall Street Journal report, a few European lawmakers are preparing to draft an open letter that puts forth how significantly AI needs to be managed in a human-centric and dependable manner.

The open letter states, “Given the quick advancement of effective AI, we recognize the requirement for significant political focus.” The lawmakers have intend to steer the further advancement of prominent AI technologies in a way that upholds ethical and safe characteristics. This week, regulators are scheduled to meet and determine an agreement on the proposed bill and the European Parliament is supposed to vote on this proposal sometime in May.

Recently, a few experts and entrepreneurs, amongst them Elon Musk, signed an open letter that addressed governments to put a hold on the further development of sophisticated AI for a limited period of time. Furthermore, Goldman Sachs’ analyst estimated that utilising AI in future might replace 3 million jobs in numerous industries.

ChatGPT is a firm in the AI space which offers an AI-driven platform that enables developers to quickly acquire custom chatbot applications, as well as create comprehensive conversational AI products. ChatGPT offers a main platform, which enables companies to combine conversational AI into existing apps, and a developer platform which helps developers rapidly build conversational AI experiences.

Elon Musk is an entrepreneur, investor and engineer. He has gained his fame through his involvement in the co-founding of companies like Tesla, SpaceX and Neuralink. He has an impressive track-record of envisioning and executing future plans during his career and has been recognised as a ‘visionary and inventor’ by the Fortune 500 list. Musk also has constantly encouraged governments to put a halt on advanced AI to ensure safety of humankind and limit its potential over-utilization in the future.

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