EU lawmakers have just passed a landmark draft of the Artificial Intelligence (AI) Act - the first ever comprehensive set of regulations related to AI. This comes after two years of intensive negotiations and months of haggling. The draft grants authorization to generative AI models like ChatGPT, requiring companies to disclose if copyrighted content is deployed in the system. Moreover, generative AI models must be designed, developed, and utilized in accordance with EU law and fundamental rights. Avi Gesser of Debevoise & Plimpton believes the risk-based regime of the AI Act ensures safety while encouraging innovation. This applies to organizations, both in the EU and third countries, whose AI systems' output is used in the EU. If you want to stay abreast of industry developments and AI regulations, join the AI Summit in SF on July 11-12.
ChatGPT revolutionized the artificial intelligence (AI) sector and sparked billions of dollars worth of investments from Singapore to Silicon Valley. Discover how ChatGPT, OpenAI, and AutoGPT are transforming the future of AI and how Europe plans to regulate this technology with its Artificial Intelligence Act.
. BlueFocus, an 11th ranked global PR agency, is betting big on AI and cutting costs on human copywriters and designers. This shift to AI brings job security concerns, prompting the US, EU and China to take action to regulate AI usage. In an internal email, BlueFocus announced the immediate cut of expenses related to creative design, copywriting and short-term contractors. BlueFocus already has access to Microsoft's ChatGPT AI tool. See how this revolutionary technology is impacting job security.