The million dollar question is, is it even feasible to try and do this? So I would rather say that this is not just about technology. It is also about how technology implicates fundamental rights, how it implicates democracy. A good regulation that we all agree on as soon as possible must be a common objective. That's what you just heard was Marguerite Vethdiger, the EU Commission's Executive Vice President addressing the European Parliament last month.
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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