The EU is once again operating as a world's big tech regulator. But they also could be a model for going too far. The US government has even actually lobbied against some of these controls and said that these are going to negatively impact their companies. Even Spain is leading EU's presidency. They have a long reputation of trying to build up their AI market. And their government has been very much in trying to encourage AI startups to start there.
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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