The European Union has recently endorsed a significant document that outlines the framework for regulating artificial intelligence (AI). This regulation mandates that AI systems adhere to fundamental standards, ensuring transparency and ethical governance in this rapidly evolving sector. EU officials, tasked with overseeing AI, are on the right track. Given the pervasive influence of AI in modern life, it is crucial to establish robust oversight mechanisms to avert dystopian scenarios where AI could potentially overpower human control. EU Commissioner Thierry Breton announced this pivotal agreement, which sets forth the regulatory guidelines for AI. Bloomberg highlights that these guidelines require AI developers to establish a clear policy for acceptable use, regularly update stakeholders on the data utilized in AI training, and respect intellectual property rights. A key focus of this regulation is artificial general intelligence (AGI), sometimes referred to as "strong AI" or "human-level AI." AGI is designed to handle a wide array of intellectual challenges and adapt to novel environments. OpenAI's ChatGPT is a prime example of such cutting-edge technology. These regulations encompass all types of chatbot models, with the exception of those based on open-source platforms with unrestricted access. For AI models categorized as having heightened "systemic risks," stricter criteria are in place. Developers of such models are required to disclose information about their energy consumption, align with future energy efficiency standards, proactively assess and mitigate systemic risks, and promptly report any operational incidents. Implementing cybersecurity measures in a timely manner is also a critical aspect of these requirements. The assessment of "systemic risks" will be based on the computational resources employed in training AI systems. OpenAI's GPT-4 serves as a current example of a model that would be subject to these considerations. Notably, this regulatory document is still in its preliminary stages. Its formal adoption hinges on the approval of both the European Parliament and the 27 EU member states. Previously, France and Germany raised concerns that certain aspects of these AI regulations might inadvertently impede the progress of startups like France's Mistral AI and Germany's Aleph Alpha.
