AI regulations in global focus as EU approaches regulation deal
Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead.
The surge in generative AI development has prompted governments globally to rush toward regulating this emerging technology. The trend matches the European Union’s efforts to implement the world’s first set of comprehensive rules for artificial intelligence.
The artificial intelligence (AI) Act of the 27-nation bloc is recognized as an innovative set of regulations. After much delay, reports indicate that negotiators agreed on Dec. 7 to a set of controls for generative artificial intelligence tools such as OpenAI Inc.’s ChatGPT and Google’s Bard.
Concerns about potential misuse of the technology have also propelled the U.S., U.K., China, and international coalitions such as the Group of 7 countries to speed up their work toward regulating the swiftly advancing technology.
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Author: Amaka Nwaokocha
