Tag: European Parliament

OpenAI CEO Sam Altman has reversed threats of leaving Europe, with plans to stay and invest millions into developing democratically agreed AI systems. Altman aims to foster trust in the industry through transparency and reliability, whilst existing AI systems, such as ChatGPT, find themselves on the cusp of EU regulation.

French President Emmanuel Macron and Sam Altman, CEO of OpenAI, discussed Artificial Intelligence, its applications, regulations and future. The meeting was also attended by the Polish Prime Minister and the development of AI talent and regulation was discussed. OpenAI is a non-profit research lab based in San Francisco that develops AI to tackle global challenges like climate change and cancer-curing.

Explore the ongoing global battle over regulating AI and the new AI laws being proposed by the European Parliament. Understand the importance of striking the right balance between reaping the rewards of AI and protecting citizens from potential risks. See how the EU's decision could set a precedent for other countries and how policy makers everywhere work diligently to help regulate AI technology.

EU lawmakers have recently finalized a 108-page AI Act proposal with provisions to regulate AI-powered chatbot systems and generative AI technologies, such as OpenAI's ChatGPT. This initiative will ensure the copyright protection related to AI-generated data such as deepfakes. Elon Musk's letter has also pushed MEPs to recognize the need to control the development of AI and establish an ecosystem.

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.