The European Parliament is debating a new AI Act that would regulate generative AI, like ChatGPT, as well as low and minimal risk systems. The law is aiming to protect fundamental rights and freedoms while ensuring the safety of these AI systems. A committee vote on May 11, 2023, may be followed by talks with the Council to bring the law into effect before the end of the year.
The European Union has recently passed a new act that tightens regulations on the use of AI in content creation. Generative AI tools, such as ChatGPT and Midjourney, must now disclose any use of copyrighted material in their training. The objective is to ensure data privacy and foster innovation, while also protecting copyrighted content.
Replit, a San Francisco-based IDE provider, just secured $100 million in funding to further develop their AI-driven code-generating tool Ghostwriter, helping the company reach a post-money valuation of up to $1.16 billion. This new round was backed by renowned investors, including Andreessen Horowitz, Khosla Ventures, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, ARK Ventures, and Hamilton Helmer. With the new funds, Replit is looking to focus on expanding its core product experience, cloud services, and AI innovation. Founded in 2016, Replit is an online collaborative IDE supporting programming languages like Java, Python, Go, and C++. Their signature feature of Ghostwriter is a suite of AI models suggesting and explaining code powered by open source. Since launch, Replit has grown to 20 million users and is now looking to move forward with more professional development offerings.
Companies must be aware of copyright issues when using generative AI (DALL-E, ChatGPT etc.) for marketing purposes. Here are the best practices to ensure legal safety: check content for copyright issues; clearly state rights; potentially register content; monitor for infringement; credit where due; protect third-party content.
Recently, Grimes and Holly Herndon, an experimental musician and professor at Stanford University, are allowing people to use their voices for the development of AI-generated songs. With Universal Music Group, the world's largest major record company, also in the picture, interesting outcomes of this creator-AI combination can be expected. Be prepared to have your breath taken away by this unique combination of human and artificial intelligence!
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