Stock Market News

Disputed landmark AI rules face crunch EU talks

2023.12.06 01:51


© Reuters. FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration

By Foo Yun Chee, Supantha Mukherjee and Martin Coulter

BRUSSELS/STOCKHOLM/LONDON (Reuters) – European Union ambitions to take a lead in landmark rules for artificial intelligence hang in the balance as member states and lawmakers meet on Wednesday to try to hammer out a deal on biometric surveillance and how to regulate systems like ChatGPT.

If agreed, the EU’s first-of-a-kind AI Act, which was proposed by the European Commission two years ago, could serve as the benchmark for countries seeking an alternative to the United States’ light-touch approach and China’s interim rules.

Talks between EU members and lawmakers will start at 1400 GMT and are expected to run into the early hours of Thursday, with the most likely outcome a provisional deal on principles but not crucial details, five people directly involved said.

A final deal would then need to be agreed before legislation could be put in place, which could pave the way towards it becoming law before European parliamentary elections in June.

But without a deal, the AI Act is likely to be shelved due to a lack of time, resulting in the 27-member bloc losing its first-mover advantage in regulating the technology.

Alexandra van Huffelen, Dutch minister for digitalisation, told Reuters it was critical the EU finds a compromise, particularly on generative AI, by the end of the year.

“The world is watching us: citizens, stakeholders, NGOs and the private sector want us to agree on a meaningful piece of legislation regarding AI, including GPAI,” she said referring to general purpose AI systems, which have a wide range of uses.

DEMANDS

The proposed AI rules face conflicting EU demands.

The two biggest are over the use of AI in biometric surveillance and foundation models, the generative AI such as Microsoft (NASDAQ:) backed OpenAI which trains on large sets of data to perform various tasks.

EU lawmakers want to ban the use of AI in biometric surveillance, while governments want an exception for national security, defence and military purposes.

A late proposal by France, Germany and Italy to let makers of generative AI models self-regulate added more uncertainty.

EU ambassadors and lawmakers held separate preparatory meetings last week, but differences remain which could make it difficult to clinch a deal, said the people involved in the talks, who declined to be named because they are confidential.

An official from one major EU country said whatever the meeting’s outcome, there will still be a lot more work to do.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,692.91 1.22%
ethereum
Ethereum (ETH) $ 3,334.73 2.41%
tether
Tether (USDT) $ 1.00 0.07%
solana
Solana (SOL) $ 250.08 2.20%
bnb
BNB (BNB) $ 655.72 0.55%
xrp
XRP (XRP) $ 1.41 4.43%
dogecoin
Dogecoin (DOGE) $ 0.423836 0.92%
usd-coin
USDC (USDC) $ 0.999711 0.06%
cardano
Cardano (ADA) $ 1.00 5.45%
staked-ether
Lido Staked Ether (STETH) $ 3,334.23 2.52%
tron
TRON (TRX) $ 0.206303 2.56%
avalanche-2
Avalanche (AVAX) $ 40.62 2.10%
stellar
Stellar (XLM) $ 0.550707 12.20%
the-open-network
Toncoin (TON) $ 6.09 3.04%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 2.46%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,948.26 2.44%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,449.84 1.24%
polkadot
Polkadot (DOT) $ 8.69 1.39%
chainlink
Chainlink (LINK) $ 17.43 0.22%
bitcoin-cash
Bitcoin Cash (BCH) $ 506.85 1.00%
weth
WETH (WETH) $ 3,334.65 2.46%
sui
Sui (SUI) $ 3.35 2.52%
pepe
Pepe (PEPE) $ 0.00002 3.10%
near
NEAR Protocol (NEAR) $ 6.58 6.95%
leo-token
LEO Token (LEO) $ 8.47 1.37%
litecoin
Litecoin (LTC) $ 96.33 2.61%
aptos
Aptos (APT) $ 12.13 3.95%
uniswap
Uniswap (UNI) $ 10.63 1.10%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,509.92 2.35%
hedera-hashgraph
Hedera (HBAR) $ 0.144271 5.58%
internet-computer
Internet Computer (ICP) $ 11.22 0.01%
usds
USDS (USDS) $ 1.00 0.12%
crypto-com-chain
Cronos (CRO) $ 0.187491 6.23%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.552932 3.21%
ethereum-classic
Ethereum Classic (ETC) $ 28.27 4.76%
render-token
Render (RENDER) $ 7.86 1.76%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.49 5.52%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
kaspa
Kaspa (KAS) $ 0.151191 1.56%
bittensor
Bittensor (TAO) $ 507.46 1.19%
bonk
Bonk (BONK) $ 0.000047 0.42%
vechain
VeChain (VET) $ 0.04308 3.72%
whitebit
WhiteBIT Coin (WBT) $ 24.24 2.08%
dai
Dai (DAI) $ 0.999741 0.02%
arbitrum
Arbitrum (ARB) $ 0.832779 3.96%
celestia
Celestia (TIA) $ 7.82 7.38%
filecoin
Filecoin (FIL) $ 5.56 0.58%
cosmos
Cosmos Hub (ATOM) $ 8.46 2.86%
mantra-dao
MANTRA (OM) $ 3.63 2.59%
okb
OKB (OKB) $ 53.51 3.96%