EU Reaches Landmark Deal on Regulation of Artificial Intelligence

EU Reaches Landmark Deal on Regulation of Artificial Intelligence

Business

The European Union has reached a comprehensive deal on regulating artificial intelligence. The deal strikes a balance between innovation and protecting the rights of individuals and companies. It includes controls on generative AI tools, such as ChatGPT and Bard, addresses concerns about privacy, and prohibits biometric scanning based on sensitive characteristics. The still-to-be-approved draft legislation marks a critical step towards landmark AI policy for the EU.

UK’s Global AI Governance Summit: Symbolism Over Substance?

UK’s Global AI Governance Summit: Symbolism Over Substance?

Technology

The upcoming Global AI Governance Summit organized by the UK government may lack substance as critics argue that its flagship initiative, a voluntary global register of large AI models, is toothless. There is frustration within the British AI industry as leading companies and investors have not been invited to participate. Furthermore, the summit’s narrow focus on potential AI-driven cataclysm overlooks immediate real-world risks and the positive impact of AI technology. The UK’s limited AI regulation and rushed summit organization raise concerns about the country’s position in global AI development.