@ai_and_law · Post #152 · 30.10.2023 г., 08:04
EU AI Act Faces Uncertainty in 2023 Hello, everyone! The much-anticipated EU AI Act is in uncertain territory. European lawmakers are struggling to reach a consensus on how to regulate foundational AI models, and it's looking unlikely that the act will be passed into law before December. Currently, Spain, holding the EU presidency, is advocating for more rigorous vulnerability assessments and a tiered regulatory system based on the user base of AI models. So far, there have been several trilogues—discussions involving the European Parliament, the Council of the European Union, and the European Commission—regarding the AI Act. Ans so far there are concerns that decision-making on this legislation might be postponed until next year. European lawmakers had initially aimed to pass the AI Act by year-end. One of the AI Act's draft proposals suggests that developers of foundational AI models must assess potential risks, subject models to rigorous testing during development and post-release, scrutinize training data for biases, validate data, and publish technical documents before market release. In response, some open-source companies are calling for consideration of smaller enterprises in these discussions. They argue that compliance with these regulations might pose challenges for certain developers, emphasizing the need for distinctions between for-profit foundation models and those used by hobbyists and researchers. Stay tuned for further developments on this critical legislation! #EUAIAct#AIRegulation#FoundationModels#EuropeanLaw