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EU nears deal to regulate ChatGPT, other AI tech in landmark act

  • Negotiations on the European Union's first-ever rules for AI are reaching a critical point. France, Germany, and Italy are challenging the proposed regulations, arguing for self-regulation for generative AI models to compete with US companies like Google and Microsoft.
  • The initial draft of the law was written in 2021, before the launch of OpenAI's ChatGPT. Lawmakers are now scrambling to regulate AI use-cases and balance citizen rights with national security interests.
  • A final agreement on the legislation could lead to a vote in the EU Parliament later this month, while a provisional agreement risks reigniting disagreements. The EU aims to safeguard fundamental rights while documenting training data and system capabilities.
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