The European Union (EU) proposed a bill to regulate Artificial Intelligence (AI) with rules regarding copyright material by tools such as ChatGPT and Midjourney. AI has become quite the topic of discussion in 2023 due to its rising popularity, and many are excited while others are cautious. With this bill, the AI software must include full disclosure on any copyrighted materials used during the development process.
To inform these regulations, the union has worked on their AI Act Draft for the past two years. According to the proposed Act, AI tools will be classified according to the level of risk presented, ranging from minimal to limited, high, and unacceptable. The final version will be released by the EU soon, and a Macquarie analyst Fred Havemeyer commented on how the bill is “tactful rather than a ban first, and ask questions later approach.”
However, AI usage has also resulted in tension between tech companies and copyright holders such as Universal Music Group (UMG) demanding the removal of AI-generated music from streaming companies. The video by 20syl, named “AllttA – Savages” featuring AI generated vocal parts of the popular American rapper Jay-Z is one example of such AI-generated music. Meanwhile, Tesla CEO Elon Musk has been making moves towards investing in AI startups.
In conclusion, the EU’s draft of the AI Act holds promise by recognizing the potential benefits and dangers of AI tools. By classifying AI tools according to the risks they present, users can be transparent while copyright holders get the protection they need. The final version of the bill will likely bring in numerous changes, and it will be interesting to observe how it can effectively manage the industry.
