Negotiations are currently underway in the European Union regarding the implementation of further regulations on major artificial intelligence (AI) systems, as per a Bloomberg report.
The discourse involves the European Commission, European Parliament, and numerous EU member states, focusing on the consequential impacts of large language models (LLMs), such as Meta’s Llama 2 and OpenAI’s ChatGPT – 4. Potential additional constraints under the impending AI Act are being contemplated.
Insiders relayed to Bloomberg that the objective is to regulate larger models without imposing excessive regulatory burdens on emerging startups.
Although an agreement has been negotiated, it is reportedly still in the early stages.
The proposed regulations under the AI Act for LLMs seem to echo the EU’s earlier Digital Services Act (DSA). The recently enforced DSA mandates platforms and websites to uphold user data protection standards and monitor illegal activities, imposing more stringent controls on the largest online platforms.
Alphabet and Meta, amongst other companies, had a deadline of August 28 to modify their service practices to adhere to the new EU norms. The AI Act is positioned to be among the first mandatory AI regulations imposed by a Western government, with China having already implemented its own AI guidelines, effective from August 2023.
The proposed EU AI regulations require companies that develop and deploy AI systems to conduct risk assessments, label content generated by AI, and strictly prohibits the use of biometric surveillance, among other protocols.
Nonetheless, the legislation is not yet in effect, and member states retain the right to reject any of the parliamentary proposals.
In China, post the application of its AI laws, over 70 new AI models have reportedly been launched.
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