Is there a worry in all of that that they step into over regulation? Over regulation is a massive concern for everyone. France a year ago was actually the country with the spearheading this effort to include what they were calling at the time, general purpose AI. But now a year later they're bringing alarm bells that we if you do too much regulation, we might actually as the EU miss out on this next wave of technology.
The European Union became one of the first in the world to take wide-reaching action to regulate artificial intelligence when it passed a draft law in June. The proposal would put new guardrails around the use and development of artificial intelligence, including curbing the use of facial recognition software and increasing ChatGPT’s transparency. Bloomberg’s Jillian Deutsch joins guest host Rosalind Mathieson to talk about how the EU pulled ahead in the race to regulate AI, and why concerns are growing about AI being overregulated. Columbia Law School Professor Anu Bradford discusses what the global effect will be if this far-reaching regulatory framework is enacted into law.
Read more: Big Tech Wants AI Regulation — So Long as Users Bear the Brunt
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