EU parliament set to wield regulation hammer on AI; Know how it affects tech like ChatGPT-key takeaways
Yesterday, May 10, Google I/O 2023 keynote saw a surprise move being made. More than half of the entire event was around how Google is planning to bring artificial intelligence to its various products and services. And Google is not alone. Many major businesses are heavily investing in AI technology to bring it to the forefront of their offerings, and it can be concerning because, with all the progress, the regulatory framework, or the rules around the issue, has taken a back seat. But European Union has different plans as it has already begun drafting an ambitious Artificial Intelligence Act, which could be the first of its kind.
The draft was initially written two years ago, but the technology has moved in a different direction and the 108-page long draft falls short on several accounts. For instance, the entire draft only mentions chatbots once, something which has become a prominent pillar of AI technology. References to AI-generated content largely referred to deepfakes —images or audio designed to impersonate human beings.
A need to draft a better and more encompassing regulation was felt by the EU and after some discussions, 12 Members of the European Parliament (MEP) have begun working on a legislation around this technology.
Ever since AI models appeared, many questions have been raised around responsible usage, data privacy, potential loss of jobs, issues around misinformation and bias, impact on academics and so on. Some, including the Godfather of AI, Geoffrey Hinton, has even claimed that an AI which constantly learns from large datasets will soon reach superintelligence, for which humans are not prepared.
Recently, Italy banned ChatGPT briefly over how it uses the data it collects from users and whether there
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