artificial intelligence regulation

The most recent (and likely final) version of the impending European Union’s AI Act was recently leaked. This is the world’s first comprehensive law designed to regulate the use and application of artificial intelligence, and history shows that, when the EU regulates something, the rest of the world tends to adopt it. For example, companies doing business in Australia are typically GDPR-compliant, simply because European law requires them to be. The same will likely happen when the EU AI Act comes into power.…

Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they're also lobbying hard to make sure the new rules work in their favor.That's not to say they all want the same thing. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that's advocating for an “open science” approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. These two diverging camps — the open and the closed — disagree about whether to…

OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million for experiments in democratic processes to determine how AI software should be governed to address bias and other factors.The $100,000 grants will go to recipients who present compelling frameworks for answering such questions as whether AI ought to criticize public figures and what it should consider the “median individual” in the world, according to a blog post announcing…

OpenAI Inc. Chief Executive Officer Sam Altman's European goodwill tour devolved into a war of words with European Union regulators after he said his company could pull out of the bloc over its proposed AI Act.“The details really matter,” Altman, whose company kicked off the artificial intelligence boom with the release of ChatGPT last year, told reporters in London this week. “We will try to comply, but if we can't comply we will cease operating.” His warning comes as EU regulators are considering laws that will hold AI…