The law was passed by EU lawmakers in May after lengthy negotiations, but it is still unclear how exactly “general purpose” AI systems like ChatGPT will be regulated.
The EU has launched a process to develop the implementing rules, which have received around 1,000 submissions from companies, academics and other “stakeholders”. The law, which is expected to come into force late next year, will serve as a baseline, although it is not legally binding. Companies that claim to comply with the law and flout the rules could face legal problems.
Tech giants are trying to soften EU terms to avoid potential multibillion-dollar fines, and the results of this “cooperation” could significantly impact the future landscape of AI development in Europe.
Source: Ferra
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