BUSINESSES AND TECH GROUPS WARN EU AGAINST OVER-REGULATING AI SYSTEMS!
Businesses and tech groups in Europe are sounding the alarm over potential over-regulation of artificial intelligence (AI) systems known as foundation models in upcoming EU rules. They’re worried that stringent regulations could kill start-ups or drive them out of the region.
NEGOTIATIONS HEAT UP FOR AI RULES!
EU countries and EU lawmakers are in the final stretch of talks on rules that could set the benchmark for other countries. One of their biggest concerns is over foundation models, such as OpenAI’s ChatGPT, which can learn from new data to perform a variety of tasks.
NEW RULES COULD STIFLE INNOVATION!
The letter, signed by 32 European digital associations, warns that over-regulation could stifle innovation. They’re backing a proposal by France, Germany, and Italy to limit the scope of AI rules for foundation models to transparency requirements. They’re also voicing concerns about possible clashes with existing legislation in sectors like healthcare.
FRUSTRATION MOUNTS OVER LACK OF CONCERN FOR MEDICAL SECTOR!
One spokesperson even expressed frustration about a perceived lack of concern for the medical sector, saying they feel like “collateral damage” in the negotiations. And businesses are also pushing back against calls for the AI rules to tackle copyright issues, pointing to existing provisions in the EU’s comprehensive copyright protection and enforcement framework.
HOW DO YOU THINK EU SHOULD REGULATE AI?
Do you think the EU should put strict regulations in place, or do you agree with the concerns being raised? What do you think about the impact on the medical sector? Comment below and let us know your thoughts!
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