Trends
The EU AI ACT: How will it change the AI landscape?
On May 13, the European Union’s parliament approved the world’s first major set of regulatory ground rules to govern the mediatised artificial intelligence at the forefront of tech investment, injecting a strong regulatory force into the global AI governance landscape. However, the establishment of …
Headline
On May 13, the European Union’s parliament approved the world’s first major set of regulatory ground rules to govern the mediatised artificial intelligence at the forefront of tech investment, injecting a strong regulatory force into the global AI governance landscape. However,…
Context
On May 13, the European Union’s parliament approved the world’s first major set of regulatory ground rules to govern the mediatised artificial intelligence at the forefront of tech investment, injecting a strong regulatory force into the global AI governance landscape. However, the establishment of a global AI governance pattern also needs to be based on a deeper understanding of AI technology, more collaborative interactions with tech giants, and progress in the awareness of regulators.
Evidence
Pending intelligence enrichment.
Analysis
“I’d say this is the optimal strategy for regulatory bodies to take when determining requirements, as attempting to scope regulations in other facets will place an undue burden on providers of models that do not ultimately pose enough risk to make it worthwhile. ” The EU’s Artificial Intelligence Act (AIA) reaches companies across all sectors that develop or distribute AI in the EU, along with those using AI systems that produce outputs affecting EU residents. Several players in the EU’s AI value chains are impacted, including the definition of “AI system”. The definition of AI system was expanded to include any autonomous machine-based system that “infers, from the input it receives, how to generate outputs.” With the advent of generative AI, the act also applies to “general purpose AI models,” or GPAI models, that are key building blocks of AI systems with broad applications, such as DALL-E and OpenAI’s GPT-4. Also read: Artificial Intelligence Act: World’s first global AI law passed in EU
Key Points
- On May 13, the European Union’s parliament approved the world’s first major set of regulatory ground rules to govern the mediatised artificial intelligence at the forefront of tech investment with a risk-based regulation.
- Legislation is always lagging, and that’s why corporate autonomy regulations and industry writing consensus are crucial in such a fast-developing phase. Tech giants are contributing their wisdom but the OpenAI incident raised questions about corporate self-discipline.
- Global consensus, a combination of horizontal and vertical regulation and dynamic supervision, considering these three points may be able to provide some ideas for the future regulation and self-regulation of the AI industry
Actions
Pending intelligence enrichment.
