Europe takes aim at ChatGPT with what might soon be the West’s first A.I. law. Here’s what it means

CNBC May 15, 2023
By Ryan Browne

Key Points

– A committee of lawmakers in the European Parliament on Thursday approved the EU’s AI Act, making it closer to becoming law.

– The regulation takes a risk-based approach to regulating artificial intelligence.

– The AI Act specifies requirements for developers of “foundation models” such as ChatGPT, including provisions to ensure that their training data doesn’t violate copyright law.

A key committee of lawmakers in the European Parliament have approved a first-of-its-kind artificial intelligence regulation — making it closer to becoming law.

The approval marks a landmark development in the race among authorities to get a handle on AI, which is evolving with breakneck speed. The law, known as the European AI Act, is the first law for...

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