EU Pursues Comprehensive AI Rules To Regulate Platforms Like ChatGPT

Coingapestaff
December 6, 2023
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European-Union

The European Union (EU) has been setting its sights on pioneering the artificial intelligence (AI) regulation realm for a long time.

Furthermore, following its recent advancements in emerging as a key AI regulator, member states and lawmakers collectively agreed to meet on Wednesday, December 6.

With motives to draft out a well-regulated policy on how to mandate AI-based systems like Chatgpt, the EU Union eyes an agreement to safeguard its citizens’ rights, privacy, and data protection.

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Europe’s Endeavor To Regulate AI

The European Commission, the EU’s executive arm, initially proposed an AI law two years back with primary motives to regulate AI systems contingent on the amount of risk they posed for the nation’s citizens. Subsequently, the European Parliament approved the proposed law in June this year.

Interestingly, now the commission is setting its sights on drafting a deal between biometric surveillance and the regulation of platforms like ChatGPT and Google Bard, among others.

Concurrently, the nation is also set to organize a meeting today, at 1400 GMT, between the EU members and lawmakers. Furthermore, the discussions orbiting around the agreement for AI regulations are expected to continue till Thursday, December 7.

Moreover, before the rules are implemented, reaching a final agreement is a must, potentially paving the way for it to become law before the European parliamentary elections in forthcoming June.

Interestingly, the Dutch Minister for digitalization, Alexandra van Huffelen, shed light on the importance of the EU making a compromise, especially concerning generative AI, by the year’s end.

She stressed global attention on the matter, with various stakeholders expecting meaningful legislation on AI, including General Purpose AI (GPAI).

Also read: XRP News: Whales Reallocate Over 83 Mln XRP As Price Plummets Below $0.62

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Proposed AI Rules Face Backlash from The EU

Major disagreements revolve around AI in biometric surveillance and foundation models like Microsoft-backed OpenAI, and Google Bard.

EU lawmakers aim to prohibit AI in biometric surveillance, but governments seek exceptions for national security and military applications.

Additionally, a recent proposal by France, Germany, and Italy suggesting a self-regulating for generative AI model creators has induced additional uncertainty.

Despite separate preparatory meetings, unresolved differences may complicate reaching a deal, according to sources preferring anonymity. An official also mentioned that regardless of the meeting’s outcome, much developments are further needed to revolutionize the AI realm within the nation.

Also read: Societe Generale Launches Euro Stablecoin For Mass Crypto Trading

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.