European Union passes landmark AI bill as Congress debates first steps to set guardrails

FILE - A huge advertising banner with a slogan about AI is fixed at a building at the Davos Promenade, alongside the World Economic Forum in Davos, Switzerland, Thursday, Jan. 18, 2024. The European Union passed its landmark artificial intelligence regulation, setting the tone for creating guardrails for a rapidly advancing technology that has enveloped tech investors and governments around the world seeking to limit the potential downsides.

AI-generated photos and videos, known as “deepfakes,” are also required to be clearly labeled under the bill, which addresses a widespread concern about the spread ofhas been a priority in countries around the world as many of them are set to hold elections this year, the first after AI’s use capability and popularity have exploded since the introduction of OpenAI’s ChatGPT.

In the U.S., Congress has held numerous hearings and briefings seeking to get a better understanding of AI and its potential uses, along with perspective on what the potential pitfalls might be. Predictions on the future of AI range from economically transformative to apocalyptic, leaving lawmakers in a challenging position to try to come with up the country’s first set of regulations for the industry to operate under.

Lawmakers in both parties have expressed interest in and introduced their own legislation trying to take on a number of the potential problems, but there has not yet been anything that has come close to making it to President Joe Biden’s desk for passage.last year establishing new standards for AI safety and security through reporting requirements, commitments to abiding by safety standards from private companies and labeling of AI-generated content.

Source: Tech Daily Report (techdailyreport.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The European Fashion Alliance Hosts the Status of European Fashion in BrusselsPart of the European Fashion Alliance's goal is to involve young talents and voices in the fashion conversation.
Source: wwd - 🏆 24. / 68 Read more »

How the European Union is caught in a trap of its own makingAttempts to punish Russia over the Ukraine conflict and some member nations have boomeranged spectacularly on the bloc.
Source: trtworld - 🏆 101. / 63 Read more »

European Union executive branch will recommend that members open accession negotiations with BosniaThe European Union’s executive arm says it will recommend that member countries open accession negotiations with Bosnia-Herzegovina.
Source: wjxt4 - 🏆 246. / 63 Read more »

European Union Passes ‘World First’ AI Legislation That Would Safeguard Copyrighted MusicEuropean Union AI laws that aim to safeguard copyright music, among other initiatives, passes overwhelmingly.
Source: billboard - 🏆 112. / 63 Read more »

Italy to serve as central hub for European Union’s Iris2Italy emerges as the pivotal hub for Iris2, the European Union's progressive project, enhancing cross-border cooperation and harmony.
Source: IntEngineering - 🏆 287. / 63 Read more »

Indicted Serial Liar George Santos Announces New Run for Congress During State of the UnionIn typically dramatic fashion, Santos announced his run while President Joe Biden delivered his State of the Union speech.
Source: thedailybeast - 🏆 307. / 63 Read more »