EU lawmakers clinched a deal late Friday over what the bloc is billing as the world’s first comprehensive law for regulating artificial intelligence. The deal includes powers for the Commission to adapt the pan-EU AI rulebook to keep pace with developments in the cutting edge field, it has confirmed. The term “general purpose” AI models and systems is favored over industry terms like “foundational” or “frontier” models to avoid a classification that could be chained to use of a specific technology (i.e. transformer based machine learning). The deal agreed by the bloc’s co-legislators includes a low risk tier and a high risk tier for regulating so-called general purpose AIs (GPAIs) such as models behind the viral boom in generative AI tools like OpenAI’s ChatGPT. The threshold set for high risk rules to apply on generative AI technologies is determined at 10^25 FLOPs. The AI Office, which will play a key role in setting risk classification thresholds for GPAIs, has no budget nor headcount defined as yet. The EU’s executive will decide resourcing in the future. The AI Office will work in conjunction with a scientific advisory panel to aid the body in understanding the capabilities of advanced AI models for the purposes of regulating systemic risk. The incoming law must be put out there in spite of there being no final text yet. It is worth scrutinizing the text that emerges for potential hidden details. Additionally, while …
Related Posts
ispace Announces Second Moon Mission for Q4 2024 Despite Setbacks
Japanese lunar technology company ispace will make its second attempt at putting a lander on the moon in the fourth…
Developing a Generative AI Copilot for Business: Key Strategies and Best Practices
Chris Ackerson Contributor Chris Ackerson is vice president of Product at AlphaSense where his team applies the latest innovations in…
Balancing Growth and Profit in Cloud Leadership: The Rule of X
More posts by this contributor Recognizing Probabilities In Budgeting And Forecasting As interest rates have returned to historical norms, the…