European Union Seeks Agreement On First AI Law In History To Track ChatGPT-Like Apps

The European Union will make an effort to reach a consensus on comprehensive laws to regulate artificial intelligence. This comes after months of challenging talks, especially over the oversight of ChatGPT and other forms of generative AI. attention to the astounding advancements in AI. ChatGPT amazed everyone by producing essays and poems in a matter of seconds. Proponents of AI claim that the technology will help humanity and revolutionize everything from healthcare to work, but others are concerned about the risks it poses to society and believe it might cause unimaginable chaos. With a strong legal arsenal to defend the rights of EU citizens, particularly those pertaining to privacy and data protection, Brussels is determined to hold big tech accountable. In 2021, the executive branch of the European Union, the European Commission, put up the first proposal for an AI law that would govern systems according to the risk they posed. For instance, the higher the responsibility, the greater the risk to the rights or health of the citizens. While the final legal text was being discussed, a heated debate over how to regulate AI applications like ChatGPT and Google’s Bard chatbot had threatened to derail the talks at the last minute. The argument started in June. Certain member states express concern that excessive regulation may hinder innovation and diminish the likelihood of creating European AI behemoths to rival American ones, such as OpenAI, the company behind ChatGPT, and IT behemoths like Google and Meta. On Wednesday at 1400 GMT, negotiators representing the European Parliament and EU member states will gather; discussions are anticipated to go into the evening. Senior EU officials have stated repeatedly that the law must be finalized by the bloc before the end of 2023, even though there is no actual deadline.