Overview of the AI Act Agreement in the European Parliament

04/28/2023 02:41 • Blockchain Briefs • 133 views

On April 28th, local time, on April 27th, members of the European Parliament reached a temporary political agreement on the proposal for the AI Act, requiring companies deploying generative AI tools such as ChatGPT to disclose copyrighted materials used to develop their systems.

The European Union has reached an agreement on the Artificial Intelligence Law to establish copyright rules for generative AI

Introduction

On April 28th, local time, members of the European Parliament reached a temporary political agreement on the proposal for the AI Act. The act sets out a framework for regulating artificial intelligence in the European Union. Among the many requirements of the Act, companies deploying generative AI tools such as ChatGPT will have to disclose copyrighted materials used to develop their systems. This article aims to provide an overview of the AI Act agreement in the European Parliament.

Background

Artificial intelligence has been on the rise in recent years, with a growing number of AI-powered tools being deployed in various industries. However, the deployment of AI technologies has also raised concerns about the potential risks they pose, including biases, discrimination, and privacy violations. To address these concerns, the European Commission proposed the AI Act, which aims to regulate the development and deployment of AI technologies in the European Union.

Key Provisions of the AI Act

The AI Act sets out several key provisions aimed at regulating the development and deployment of AI technologies in the European Union. These include:

Risk-Based Approach

The Act adopts a risk-based approach to regulating AI technologies. Under this approach, AI systems that present a high risk to safety, health, and fundamental rights will be subject to stricter regulations than those that present a lower risk.

Transparency Requirements

The Act also requires that companies deploying AI technologies provide transparency about how their systems work and the data used to train them. This includes disclosing any copyrighted materials used to develop the systems, such as datasets, algorithms, and software.

Regulatory Sandboxes

The Act provides for the creation of regulatory sandboxes to enable companies to test and develop AI technologies in a controlled environment.

Fines and Penalties

The Act includes fines and penalties for companies that fail to comply with its provisions. These fines can range up to 6% of a company’s global revenue.

Impact of the AI Act

The AI Act is the first comprehensive regulatory framework for AI in the European Union. By regulating the development and deployment of AI technologies, the Act aims to ensure that these technologies are safe, trustworthy, and respect fundamental rights. However, the Act has also been criticized for being too restrictive and potentially stifling innovation.

Conclusion

The AI Act represents a significant step towards regulating the development and deployment of AI technologies in the European Union. By adopting a risk-based approach and requiring transparency, the Act aims to ensure that AI technologies are developed and deployed in a manner that is safe, trustworthy, and respectful of fundamental rights. However, the Act will also likely have significant impacts on the AI industry, and its implementation and enforcement will be closely watched by stakeholders.

FAQs

1. What is the AI Act?
The AI Act is a regulatory framework for the development and deployment of AI technologies in the European Union.
2. What are the key provisions of the AI Act?
The key provisions of the AI Act include a risk-based approach to regulating AI technologies, transparency requirements, the creation of regulatory sandboxes, and fines and penalties for non-compliance.
3. What is the impact of the AI Act?
The AI Act is expected to have significant impacts on the AI industry in the European Union, as it will regulate the development and deployment of AI technologies.
#

This article and pictures are from the Internet and do not represent aiwaka's position. If you infringe, please contact us to delete:https://www.aiwaka.com/2023/04/28/overview-of-the-ai-act-agreement-in-the-european-parliament/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.