Draft EU Artificial Intelligence Rules Could Hurt Europe

Proposed EU artificial intelligence legislation would put Europe’s competitiveness and technological sovereignty at risk, according to an open letter signed by more than 160 executives from companies such as Renault and Meta.

This month, EU lawmakers approved a set of draft rules requiring platforms like ChatGPT to disclose AI-generated content, help distinguish so-called deep-fake images from real ones, and use illegal content. needs to be dealt with. Safety precautions should be taken.

Since the rise in popularity of ChatGPT, several open papers have been published calling for increased regulation of AI and the “danger of extinction from AI”.

Elon Musk, OpenAI CEO Sam Altman, Geoffrey Hinton, and Yoshua Bengio, two of the three so-called “godfathers of AI”, were among the first letters’ signatories.

A letter protesting the EU rules was signed on Friday by a third person, Yan Lekun, a Meta employee. Other signatories included executives from businesses as diverse as French software firm Miracle, German investment bank Berenberg and Spanish telecom company Cellnex.

Requests for comment from these businesses, including Renault and Meta, were not immediately returned.

We’re focusing on the European Parliament’s version primarily because former French digital minister and one of the three forest organizers, Cédric O. has decided to shift it from a risk-based approach to a technology-based approach. Reuters was told in the letter.

Along with Airbus President René Obermann and La Famiglia VC founding partner Jeannette zu Fürstenberg, they coordinated the open letter.

The letter warns companies developing such systems of high costs and disproportionate liability risks in complying with proposed EU rules that would heavily regulate technologies such as generic AI.

Additionally, it noted that such regulation may cause highly innovative businesses to relocate their operations overseas, and, more generally, investors may stop investing in European AI development.

In May, OpenAI’s Altman threatened to force ChatGPT out of Europe if the new AI rules proved too difficult to comply with. He later changed his mind and said he had no plans to leave the company.

According to Dragos Tudorche, who co-led the drafting of the EU proposals, “I believe that he did not read the text carefully, but rather reacted to promote some vested interests in the matter.”

He claimed that the draft law already incorporated the recommendations made in the letter.


(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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