European regulators agree to landmark regulation of AI tools like ChatGPT in what is among the world’s first efforts to rein in the cutting-edge tech

Fortune December 8, 2023
Jillian Deutsch, Bloomberg

The European Union reached a hard-fought deal on what is poised to become the most comprehensive regulation of artificial intelligence in the western world.

Thierry Breton, the bloc’s internal market chief, said the deal strikes a balance between fostering innovation and protecting the rights of people and companies.

“We spent a lot of time on finding the right balance between making the most of AI potential to support law enforcement while protecting our citizens’ fundamental rights,” he said early Saturday in a statement. “We do not want any mass surveillance in Europe.”

After more than 33 hours of negotiations this week, delegates from the European Commission, the European Parliament and 27 member countries agreed to a set of...

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