Tech Giants Push To Dilute Europe's AI Act

The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating AI as they seek to fend off the risk of billions of dollars in fines. From a report: EU lawmakers in May agreed the AI Act, the world's first comprehensive set of rules governing the technology, following months of intense negotiations between different political groups. But until the law's accompanying codes of practice have been finalised, it remains unclear how strictly rules around "general purpose" AI (GPAI) systems, such as OpenAI's ChatGPT will be enforced and how many copyright lawsuits and multi-billion dollar fines companies may face.

The EU has invited companies, academics, and others to help draft the code of practice, receiving nearly 1,000 applications, an unusually high number according to a source familiar with the matter who requested anonymity because they were not authorised to speak publicly. The AI code of practice will not be legally binding when it takes effect late next year, but it will provide firms with a checklist they can use to demonstrate their compliance. A company claiming to follow the law while ignoring the code could face a legal challenge.

A bit of warning

[Ol Olsoc]

If AI is the threat that the EU believes it is, then restricting it will allow others without such lofty ideals to develop it, while the EU becomes the victim of the bad actors AI.

While I don't believe it is as much a skawee thing as many, if there are even positive uses of AI in the future, will extreme brakes being put on it disadvantage the EU as well?

For me, I believe that the EU is regulating itself into irrelevance. https://www.reuters.com/breaki... [reuters.com]

https://oilprice.com/Energy/En... [oilprice.com]

I get a lo

Re:

[NotEmmanuelGoldstein]

... EU is regulating itself into irrelevance.

It's been said before: The US encourages corporate growth (the government literally depends upon it) and silently buries the failures.

That philosophy makes it easy to attract money. The rest of world see that as the USA's saving grace, even as it causes damage.

In many ways, the EU is run like member states of the USA, badly. While the few high-performing states in the USA excuse the multitude of under-achieving states, that philosophy does not work in the EU: Its members are much more independent an

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[Luckyo]

Economic inequity is a massively good thing, because economic equity is something that Communists set as a goal, and even during most brutal years of Stalin's and Mao's rule failed to achieve. You want economic inequity based on productivity, as that allows for a functional economy rather than a crippled forcibly equalized one.

EU is also in the area that is a massive net benefactor of global warming, as double cropping is increasingly being a thing across most of Central European Plain, while extremely cold

Re:

[Luckyo]

The positive here is that everyone's favorite fascist grandma that presided over making the abortion of legislation that is the AI act resigned from his Commissioner post just a few days ago in disgrace.

We'll see if that brings some positive change, or if the problem with regulating any industry out of existence is endemic to the relevant EU bureaus.

Re: A bit of warning

[Fons_de_spons]

Hmmm, this is just the typical rationalisation rethoric the US uses to rationalize its corporate and military focused policies. "If you do not follow our way, you are doomed!" "We cannot be more like the EU with their consumer protective policies because *fill in preferred enemy here* will take over. " Are you sure of that?

Re:

[Freischutz]

If AI is the threat that the EU believes it is, then restricting it will allow others without such lofty ideals to develop it, while the EU becomes the victim of the bad actors AI.

This is not about the EU feeling threatened by AI, this is about BigAI scraping other peoples content without compensation in complete disregard of TOS and while completely ignoring all copyright and IP laws. The EU is now preparing to hand out some hefty fines to the BigAI corporations who have been doing this (otherwise known as teaching corporate weasels that there are consequences to your actions in the only language corporate weasels understand) and BigAI is reacting to this by trying to pressure the E

Re: EU disaster

[Fons_de_spons]

Wow, that sounds really bad. Wait a minute, I live in the EU! *rereads comment* * looks outside* *rereads comment* *looks outside again* *Comment categorised as yet another dude trying to cause drama*