The European Union is on the brink of becoming the first major power in the world to regulate artificial intelligence. Politicians in Europe will vote on a proposal to bring in a law that would govern the use of artificial intelligence. Join Tom Keene, Jonathan Farro and me every weekday for a unique perspective on the worlds of economics, finance and investment. Plus, insight from the names that shape the world's markets.
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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