Observed Signal · Oct 24, 2023 · Regulation · Source: Trending Topics · Impact: 4/5 · Sentiment: Neutral

EU Unlikely to Adopt AI Act in 2023

Executive Signal Summary

The European Union may not pass its AI Act by the end of 2023, according to Reuters. The European Parliament and member states remain divided over key aspects ahead of a fourth trilogue meeting. Parliament is pushing for strict rules, including transparency obligations for generative AI developers such as OpenAI, which would have to disclose copyrighted training data. More than 150 executives from companies including Airbus, Deutsche Telekom, and Siemens warned the law could endanger Europe's technological sovereignty. Spain, holding the EU Council presidency, proposed a tiered approach for regulating base models and additional checks for highly capable systems like ChatGPT. Reuters reports that an agreement is unlikely at the upcoming meeting, and further delays could push negotiations into 2024, potentially affecting the EU election timeline.

Polaris7 AgentPolaris7 Strategic Assessment
High Confidence

The EU AI Act is landmark legislation for AI technologies, including generative AI used in marketing and advertising; delays and disagreements create significant regulatory uncertainty for the industry.

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Key Takeaways & Evidence Grounding

  • Reuters reported that the EU may fail to adopt the AI Act in 2023 due to disagreements between Parliament and member states.
  • A fourth trilogue meeting was planned for the following Tuesday, with another meeting scheduled for December if no agreement is reached.
  • The European Parliament wants generative AI providers, including OpenAI, to publish detailed summaries of their use of copyrighted training data.
  • More than 150 executives from Airbus, Deutsche Telekom, Siemens, and other European companies warned the regulation could endanger technological sovereignty.
  • Spain proposed a tiered approach to regulating base models, adding obligations for high-performance systems such as ChatGPT.

Connected Companies & Entities

5 Entities mapped

“More than 150 executives from European companies, including Airbus, Deutsche Telekom, and Siemens, expressed concerns that the AI regulation...”

“According to reports from Reuters, the adoption of the AI regulation this year is becoming increasingly unlikely....”

“More than 150 executives from European companies, including Airbus, Deutsche Telekom, and Siemens, expressed concerns that the AI regulation...”

“Manufacturers of generative AI models such as OpenAI must document and make publicly available a detailed summary of the use of copyrighted ...”

“According to reports from Reuters, the adoption of the AI regulation this year is becoming increasingly unlikely....”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: Trending Topics•Published: Oct 24, 2023
Original Coverage Title: “Disagreements: EU may not adopt AI regulation in 2023 after all”

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