Observed Signal · Oct 24, 2023 · Policy Update · Source: Trending Topics · Impact: 4/5 · Sentiment: Neutral
EU May Not Pass AI Act in 2023 Amid Disagreements
The European Union may fail to adopt its long-awaited AI Act in 2023, as lawmakers remain divided over key aspects of the regulation. Reuters reports that an agreement becomes increasingly unlikely. The final text requires approval from both the European Parliament and EU member states, with a fourth trilogue meeting scheduled for the coming Tuesday. The Parliament's June position would not initially classify services such as ChatGPT as high-risk, but would impose strict transparency and risk-assessment duties on operators of AI foundation models. More than 150 European executives from companies including Airbus, Deutsche Telekom, and Siemens warned the rules could threaten technological sovereignty. Spain, holding the EU Council presidency, is pushing for a compromise and proposed a tiered approach for powerful foundation models, but further meetings in December may be needed.
The EU AI Act is a landmark regulation for AI development and deployment; its potential delay creates regulatory uncertainty affecting AI providers, publishers, and advertisers using AI-based technologies.
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Key Takeaways & Evidence Grounding
- Reuters reported that EU lawmakers are increasingly unlikely to reach agreement on the AI Act in 2023.
- A fourth trilogue meeting between the European Parliament and EU member states was scheduled for the following Tuesday.
- The European Parliament's June position would not initially classify ChatGPT-like services as high-risk but sets strict obligations for foundation model operators.
- More than 150 European business leaders from companies including Airbus, Deutsche Telekom and Siemens warned the AI Act could endanger technological sovereignty.
- Spain proposed a tiered regulatory approach for foundation models and additional duties for powerful models such as ChatGPT.
Connected Companies & Entities
5 Entities mapped“More than 150 executives of European companies, including Airbus, Deutsche Telekom, and Siemens, have expressed concerns that the AI regulat...”
“More than 150 executives of European companies, including Airbus, Deutsche Telekom, and Siemens, have expressed concerns that the AI regulat...”
“Manufacturers of generative AI models such as OpenAI must document and publicly disclose a detailed summary of the use of copyrighted traini...”
“As reported by Reuters, the adoption of the AI regulation this year is becoming increasingly unlikely....”
“As reported by Reuters, the adoption of the AI regulation this year is becoming increasingly unlikely....”
Ontology Mapping & Concepts
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