EU Takes Significant Stride Towards New AI Regulations

The European Parliament has taken a significant step towards implementing new regulations for artificial intelligence (AI) by approving the EU AI Act. According to the AP, these regulations would be some of the first major AI regulations to become law. The Washington Post reports that the act would impose “unprecedented restrictions” on the use of AI by companies.

Under the EU AI Act, AI systems would be classified into four levels of risk, ranging from minimal (such as video games or spam filters) to unacceptable. AI systems that are deemed to pose “unacceptable” risks, like predictive policing tools that use data to predict crimes, would be prohibited.

The legislation would also focus on AI systems that have the potential to cause harm to humans, particularly those involved in critical infrastructure operations. Before AI systems can be deployed, their creators would be required to complete risk assessments, a process similar to the drug approval process, as reported by the New York Times.

Additionally, the EU AI Act would mandate that content created by chatbots, such as ChatGPT, be clearly labeled. Companies would also be obligated to document and publish summaries of the copyrighted data used to train their AI systems.

This labeling and documentation requirement would allow content creators to determine if their work has been used to train AI algorithms and seek appropriate actions if necessary. However, tech companies argue that this requirement is technically unfeasible, according to the Times.

The EU is leading the way in AI regulations, with these proposals first being introduced in 2021. In contrast, the United States is still in the early stages of considering similar legislation, and it is expected to take several more months before lawmakers are ready to discuss it, according to Senator Chuck Schumer.

It is anticipated that a final version of the AI Act will be passed by the end of the year. This development highlights the growing need for comprehensive regulations to govern the use of AI technology.

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