The European Union (EU) has made history by becoming the first jurisdiction in the world to pass legislation specifically aimed at regulating artificial intelligence (AI). The newly approved Artificial Intelligence Act takes a risk-based approach, requiring companies to comply with the law before releasing AI products to the public. While this is seen as a significant step in addressing the risks associated with AI, some experts argue that the legislation falls short in certain areas.
One of the main concerns raised by critics is the perceived lack of regulation for the largest AI models that have the potential to cause the most harm. These models, known as foundation models, are trained on vast amounts of data and can be used for various tasks. Max von Thun, Europe director of the Open Markets Institute, argues that the new regulation does not adequately address the power and influence of dominant tech companies in the AI ecosystem. According to him, the legislation fails to tackle the monopolistic control these companies have over personal lives, economies, and democracies.
Despite these concerns, many start-ups and small businesses within the AI industry have welcomed the clarity provided by the new regulation. They see it as a positive step towards harnessing AI responsibly, fostering trust, and ensuring the safety of AI systems. Alex Combessie, CEO of French open source AI company Giskard, describes the EU AI Act as a “historic moment” that paves the way for a future where AI is harnessed responsibly.
The legislation classifies AI products based on the computing power used to train them, with stricter regulations applied to those that exceed a certain threshold. While this classification system is seen as a starting point, some experts argue that it should consider the impact of AI systems on fundamental rights, particularly when used in the information space. They assert that AI should be treated as a public good, and the European Commission should modify the classification to reflect this.
Balancing the interests of private companies with the need for regulation is another challenge posed by the EU AI Act. Julie Linn Teigland, Managing Partner at EY Europe, Middle East, India and Africa, emphasizes the importance of harnessing the dynamism of the private sector to drive AI innovation and make Europe more competitive. However, she also highlights the need for businesses to prepare for the new law and understand their legal responsibilities.
While the passage of the EU AI Act is a significant milestone, the focus now shifts to its effective implementation and enforcement. Complementary legislation, such as the AI Liability Directive and the EU AI Office, will play a crucial role in supporting the enforcement of the new regulations. The AI Liability Directive aims to assist with liability claims related to AI-enabled products and services, while the EU AI Office seeks to streamline rule enforcement.
As AI continues to advance and shape various aspects of our lives, finding the right balance between regulation and innovation becomes essential. The EU’s new legislation represents a significant step towards addressing the risks of AI. However, ongoing discussions and adjustments will likely be necessary to ensure that the regulation keeps pace with technological advancements and evolving societal needs.
Frequently Asked Questions (FAQs)
Q: What is the EU’s new Artificial Intelligence Act?
The EU’s Artificial Intelligence Act is a newly passed legislation that aims to regulate the development and use of artificial intelligence in Europe. It takes a risk-based approach and requires companies to comply with certain rules and regulations before releasing AI products to the public.
Q: What are foundation models in AI?
Foundation models are machine learning models that are trained on data and can be used to perform a range of tasks. They serve as the basis for AI systems and applications, such as natural language processing or image recognition.
Q: What are the concerns raised by critics about the new legislation?
Critics argue that the new legislation does not go far enough in regulating the largest AI models and addressing the power of dominant tech companies. They also highlight the need to consider the impact of AI systems on fundamental rights, particularly when used in the information space.
Q: How will the EU’s AI Act affect businesses?
The AI Act will impose additional constraints and rules on businesses using or developing high-risk AI systems. It is important for businesses to prepare for the law and ensure compliance by maintaining an up-to-date inventory of their AI systems and understanding their legal responsibilities.
Q: What comes next after the passage of the EU AI Act?
The focus now shifts to the effective implementation and enforcement of the new legislation. Complementary legislation, such as the AI Liability Directive and the EU AI Office, will play a role in supporting the enforcement of regulations and addressing liability claims related to AI.
Q: What is the EU’s new Artificial Intelligence Act?
A: The EU’s Artificial Intelligence Act is newly passed legislation that aims to regulate the development and use of artificial intelligence in Europe. It takes a risk-based approach and requires companies to comply with certain rules and regulations before releasing AI products to the public.
Q: What are foundation models in AI?
A: Foundation models are machine learning models that are trained on data and can be used to perform a range of tasks. They serve as the basis for AI systems and applications, such as natural language processing or image recognition.
Q: What are the concerns raised by critics about the new legislation?
A: Critics argue that the new legislation does not go far enough in regulating the largest AI models and addressing the power of dominant tech companies. They also highlight the need to consider the impact of AI systems on fundamental rights, particularly when used in the information space.
Q: How will the EU’s AI Act affect businesses?
A: The AI Act will impose additional constraints and rules on businesses using or developing high-risk AI systems. It is important for businesses to prepare for the law and ensure compliance by maintaining an up-to-date inventory of their AI systems and understanding their legal responsibilities.
Q: What comes next after the passage of the EU AI Act?
A: The focus now shifts to the effective implementation and enforcement of the new legislation. Complementary legislation, such as the AI Liability Directive and the EU AI Office, will play a role in supporting the enforcement of regulations and addressing liability claims related to AI.
For more information, please visit the main domain of the European Union’s official website: europa.eu
The source of the article is from the blog oinegro.com.br