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EU Advances Toward Groundbreaking AI Act Following Prolonged Overnight Talks

Fed EditorbyFed Editor
December 7, 2023
in Government, News
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EU Advances Toward Groundbreaking AI Act Following Prolonged Overnight Talks
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EU lawmakers and governments reached provisional agreements on regulating artificial intelligence (AI) systems, including ChatGPT, moving closer to establishing landmark rules for the technology. Negotiations extended into a second day, culminating in a provisional deal on governing fast-growing generative AI systems like ChatGPT. A source familiar with the matter disclosed that all parties overcame a significant hurdle in the talks.

As outlined in a document shared among lawmakers, the European Commission would maintain a list of AI models categorized as a “systemic risk.” Providers of general-purpose AIs would be required to publish comprehensive summaries of the content used for their training. The law might exempt free and open-source AI licenses from regulation in most instances, except when considered high-risk or utilized for prohibited purposes.

EU Advances Toward Groundbreaking AI Act Following Prolonged Overnight Talks
EU Advances Toward Groundbreaking AI Act Following Prolonged Overnight Talks

Remaining issues, such as the use of AI in biometric surveillance and source code access, were yet to be resolved, according to two confidential sources. The Council of the European Union delayed a press conference as negotiations continued.

EU countries and lawmakers have grappled with finalizing the draft rules proposed by the Commission two years ago, particularly due to the swift evolution of technology. The legislation holds significant importance for the bloc, potentially setting a precedent for other governments seeking to regulate their AI industries, providing an alternative to the U.S.’ light-touch approach and China’s interim rules.

With a looming deadline tied to Parliamentary elections in June, EU countries and lawmakers aim to secure a final deal for a spring vote. Failure to do so could result in a delay, jeopardizing the bloc’s first-mover advantage in AI regulation. However, even with a successful agreement, it may take close to two years for the legislation to take effect.

Fed Editor

Fed Editor

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