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Global Attention on AI Regulations as EU Nears Deal

By James Dean
Dec 8, 2023
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Governments worldwide are swiftly moving to establish regulations governing the rapid advancement of generative artificial intelligence (AI). This surge in regulatory efforts aligns with the European Union's drive to introduce the globe's first comprehensive framework governing artificial intelligence, known as the EU Artificial Intelligence Act.

Considered an innovative set of rules, the EU Artificial Intelligence Act has finally seen negotiators reach an agreement on December 7. The Act aims to enforce stringent controls specifically targeting generative AI tools, including renowned platforms like OpenAI's ChatGPT and Google's Bard, following multiple delays in the negotiation process.

Consequently, nations such as the United States, Britain, China, and other G7 countries are accelerating their endeavors to create regulatory frameworks for artificial intelligence, responding to apprehensions regarding the potential misuse of this technology.

In Australia, the government initiated an eight-week consultation in June to gather feedback on the possibility of banning "high-risk" AI tools. The consultation, initially set to conclude in July, has been extended to July 26, aiming to seek opinions on strategies ensuring the "safe and responsible use of artificial intelligence." This includes exploring options such as ethics frameworks, specific regulatory measures, or a combination of both approaches.

China introduced temporary measures starting August 15 to regulate the generative AI industry. These measures mandate that service providers undergo safety assessments and secure licenses before launching AI products into the mainstream market. Notably, four major Chinese tech companies, including Baidu and SenseTime, unveiled AI chatbots to the public on August 31 after obtaining government approval.

Additionally, concerns over privacy violations related to AI usage have surfaced in various regions. France's CNIL, the privacy watchdog, revealed an investigation into several complaints concerning ChatGPT after its temporary ban in Italy, allegedly for privacy breaches. Italy's Data Protection Authority announced on November 22 a detailed inquiry into data collection methods used in training AI algorithms, focusing on ensuring adequate security measures to prevent third-party extraction of personal data for AI training from public and private websites.

Moreover, a collaborative effort among the US, UK, Australia, and 15 other countries aims to provide global guidance safeguarding AI models from tampering. These countries urge companies to adopt a "secure by design" approach to ensure the integrity and security of their AI models.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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