{"id":209322,"date":"2023-12-09T07:50:50","date_gmt":"2023-12-09T02:20:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=209322"},"modified":"2023-12-09T07:50:50","modified_gmt":"2023-12-09T02:20:50","slug":"eu-achieves-historic-ai-regulations-agreement-in-landmark-talks-worlds-first-of-its-kind-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/eu-achieves-historic-ai-regulations-agreement-in-landmark-talks-worlds-first-of-its-kind-crypto-news\/","title":{"rendered":"EU achieves historic AI regulations agreement in landmark talks \u2013 world&#8217;s first of its kind &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"paywall_11702085485976\">\n<p>   Negotiators from the <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/news\/india\/eu-liquor-cos-for-50-cut-in-tariff-11701883358796.html\">European Parliament<\/a> and the bloc&#8217;s 27 member countries overcame big differences on controversial points including generative AI and police use of facial recognition surveillance to sign a tentative political agreement for the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/ai-act-talks-artificial-intelligence-regulation-e2bb57eef7ba6d2b0c85ef757fcd3bb0\">Artificial Intelligence Act<\/a>.<\/p>\n<p>   \u201cDeal!&#8221; tweeted European Commissioner Thierry Breton, just before midnight. \u201cThe EU becomes the very first continent to set clear rules for the use of AI.&#8221;<\/p>\n<p>   The result came after marathon closed-door talks this week, with the initial session lasting 22 hours before a second round kicked off Friday morning.<\/p>\n<p>   Officials were <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/ai-act-artificial-intelligence-regulation-europe-06ab334caa97778770f5f57f4d904447\">under the gun to secure a political victory<\/a> for the flagship legislation but were expected to leave the door open to further talks to work out the fine print, likely to bring more backroom lobbying.<\/p>\n<p>   The EU took an <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/tech-ai-artificial-intelligence-europe-eu-15ac394679519084478e15217c156abc\">early lead in the global race<\/a> to draw up AI guardrails when it unveiled the first draft of its rulebook in 2021. The recent boom in generative AI, however, sent European officials scrambling to update a proposal poised to serve as a blueprint for the world.<\/p>\n<p>   The European Parliament will still need to vote on it early next year, but with the deal done that\u2019s a formality, Brando Benifei, an Italian lawmaker co-leading the body\u2019s negotiating efforts, told The Associated Press late Friday.<\/p>\n<p>   \u201cIt\u2019s very very good,&#8221; he said by text message after being asked if it included everything he wanted. \u201cObviously we had to accept some compromises but overall very good.&#8221; The eventual law wouldn\u2019t fully take effect until 2025 at the earliest and threatens stiff financial penalties for violations of up to 35 million euros ($38 million) or 7% of a company&#8217;s global turnover.<\/p>\n<p>   Generative AI systems like <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/topic\/openai\">OpenAI<\/a>\u2019s ChatGPT have exploded into the world&#8217;s consciousness, dazzling users with the ability to produce human-like text, photos, and songs but raising fears about the risks the rapidly developing technology poses to jobs, privacy and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/ai-copyright-artificial-intelligence-b456fa19dd90bea87533f97f043a31bc\">copyright protection,<\/a> and even <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/artificial-intelligence-risk-of-extinction-ai-54ea8aadc60d1503e5a65878219aad43\">human life itself<\/a>.<\/p>\n<p>   Now, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/biden-ai-artificial-intelligence-executive-order-cb86162000d894f238f28ac029005059\">the U.S.<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/artificial-intelligence-risks-uk-summit-kamala-harris-9e01b9d35ec1541755a273c07dfa4c71\">U.K.<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/topic\/china\">China<\/a>, and global coalitions like the <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/industry\/g7-ban-on-russian-origin-diamonds-to-hit-indian-exports-11701958185956.html\">Group of 7<\/a> major democracies have jumped in with their own proposals to regulate AI, though they\u2019re still catching up to Europe.<\/p>\n<p>   Strong and comprehensive regulation from the EU \u201ccan set a powerful example for many governments considering regulation,&#8221; said Anu Bradford, a Columbia Law School professor who&#8217;s an expert on EU and digital regulation. Other countries \u201cmay not copy every provision but will likely emulate many aspects of it.&#8221;<\/p>\n<p>   AI companies who will have to obey the EU&#8217;s rules will also likely extend some of those obligations to markets outside the continent, she said. \u201cAfter all, it is not efficient to re-train separate models for different markets,&#8221; she said.<\/p>\n<p>   Others are worried that the agreement was rushed through.<\/p>\n<p>   &#8220;Today\u2019s political deal marks the beginning of important and necessary technical work on crucial details of the AI Act, which are still missing,&#8221; said Daniel Friedlaender, head of the European office of the Computer and Communications Industry Association, a tech industry lobby group.<\/p>\n<p>   The AI Act was originally designed to mitigate the dangers from specific AI functions based on their level of risk, from low to unacceptable. But lawmakers pushed to expand it to foundation models, the advanced systems that underpin general-purpose AI services like ChatGPT and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/google-artificial-intelligence-bard-gmail-youtube-maps-1229638b82d19afb5226c913821fa1ad\">Google\u2019s Bard chatbot<\/a>.<\/p>\n<p>   Foundation models looked set to be one of the biggest sticking points for Europe. However, negotiators managed to reach a tentative compromise early in the talks, despite opposition led by France, which called instead for self-regulation to help homegrown European generative AI companies compete with big U.S rivals including OpenAI&#8217;s backer Microsoft.<\/p>\n<p>   Also known as large language models, these systems are trained on vast troves of written works and images scraped off the internet. They give generative AI systems the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/ai-hollywood-writers-strike-artificial-intelligence-dc71c4cabcca0ee1b1afe0050d392a36\">ability to create something new<\/a>, unlike traditional AI, which processes data and completes tasks using predetermined rules.<\/p>\n<p>   Under the deal, the most advanced foundation models that pose the biggest \u201csystemic risks&#8221; will get extra scrutiny, including requirements to disclose more information such as how much computing power was used to train the systems.<\/p>\n<p>   Researchers have warned that these powerful foundation models, built by a handful of big tech companies, could be used to supercharge <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/artificial-intelligence-hamas-israel-misinformation-ai-gaza-a1bb303b637ffbbb9cbc3aa1e000db47\">online disinformation and manipulation<\/a>, cyberattacks, or the creation of bioweapons.<\/p>\n<p>   Rights groups also caution that the lack of transparency about data used to train the models poses risks to daily life because they act as basic structures for software developers building AI-powered services.<\/p>\n<p>   What became the thorniest topic was AI-powered facial recognition surveillance systems, and negotiators found a compromise after intensive bargaining.<\/p>\n<p>   European lawmakers wanted a full ban on public use of facial scanning and other \u201cremote biometric identification&#8221; systems because of privacy concerns while governments of member countries wanted exemptions so law enforcement could use them to tackle serious crimes like child sexual exploitation or terrorist attacks.<\/p>\n<p>   Civil society groups were more skeptical.<\/p>\n<p>   \u201cWhatever the victories may have been in these final negotiations, the fact remains that huge flaws will remain in this final text,&#8221; said Daniel Leufer, a senior policy analyst at the digital rights group Access Now. Along with the law enforcement exemptions, he also cited a lack of protection for AI systems used in migration and border control, and &#8220;big gaps in the bans on the most dangerous AI systems.&#8221;<\/p>\n<p><strong>Milestone Alert!<\/strong>Livemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.<\/p>\n<p><em>This story has been published from a wire agency feed without modifications to the text.<\/em><\/p>\n<div class=\"disclamerText\" id=\"disclamerArea_11702085485976\">\n<div class=\"seeless\" id=\"disclamerText_11702085485976\">\n                Catch all the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\" class=\"bold\">Business News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\" class=\"bold\">Market News<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/news\" class=\"bold\">Breaking News<\/a> Events and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/latest-news\" class=\"bold\">Latest News<\/a> Updates on Live Mint.<br \/>\n        Download The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\" class=\"bold\">Mint News App<\/a> to get Daily Market Updates.\n    <\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/artificial-intelligence\/javascript:void(0)\" class=\"readMore\" id=\"readMore_11702085485976\">More<\/a><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/ai\/artificial-intelligence\/javascript:void(0)\" class=\"readLess\" id=\"readLess_11702085485976\">Less<\/a>\n<\/div>\n<p>\n\t\tPublished: 09 Dec 2023, 07:42 AM IST\n\t<\/p>\n<aside class=\"moreAbout\">Topics You May Be Interested In<br \/>\n<\/aside>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Negotiators from the European Parliament and the bloc&#8217;s 27 member countries overcame big differences on controversial points including generative AI and police use of facial recognition surveillance to sign a tentative political agreement for the Artificial Intelligence Act. \u201cDeal!&#8221; tweeted European Commissioner Thierry Breton, just before midnight. \u201cThe EU becomes the very first continent to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":209323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[440,14989,284,263,262,260,14990,747,259,258,265,202,261,182,264],"class_list":["post-209322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse","tag-ai","tag-ai-laws","tag-artificial-intelligence","tag-axie-infinity","tag-axs","tag-decentraland","tag-eu-ai-laws","tag-europe","tag-facebook","tag-game","tag-mark-zuckerberg","tag-nft","tag-sandbox","tag-technology","tag-vr"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=209322"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209322\/revisions"}],"predecessor-version":[{"id":209325,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/209322\/revisions\/209325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/209323"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=209322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=209322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=209322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}