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EU Strikes Deal to Regulate ChatGPT, AI Tech in Landmark Act

Dec 09, 2023 - bloomberg.com
The European Union has reached an agreement on a comprehensive regulation of artificial intelligence, which is set to be the most extensive in the western world. The deal was achieved after more than 37 hours of negotiations and would permit some use of facial scanning with certain restrictions.

Thierry Breton, the EU's internal market chief, stated that the agreement strikes a balance between promoting innovation and safeguarding the rights of individuals and businesses. The next step is to regulate ChatGPT, an AI technology, in a landmark act.

Key takeaways:

  • The European Union has reached a deal on the most comprehensive regulation of artificial intelligence in the western world.
  • The agreement was reached after more than 37 hours of negotiations.
  • 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.
  • The bloc would allow some use of facial scanning with limits.
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