By
Adrianne Appel2023-04-18T20:09:00
The European Union’s draft law to regulate artificial intelligence (AI) must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter shared Monday.
The European Union has been out front globally in its effort to regulate AI. It was expected the AI Act, which was proposed by the European Commission in 2021 and has been under debate since, would be voted on in the coming months.
But the act was written before the release of ChatGPT by OpenAI in November and other generative AI tools, which can masquerade as human intelligence and converse with adults and children.
2024-10-17T16:22:00Z By Neil Hodge
Concerns about how robustly European member states may enforce the EU AI Act, which took effect on Aug. 1, are divided between if regulators will take a “light touch” approach or a sledgehammer for noncompliance. One thing’s for sure, the pace of AI innovation will make enforcement very difficult.
2023-05-19T20:27:00Z By Adrianne Appel
It is a good idea to regulate artificial intelligence programs like ChatGPT, the chief executive officer of the popular chatbot’s developer told lawmakers.
2023-04-28T19:08:00Z By Kyle Brasseur
ChatGPT restored access for Italian users after changes to its privacy controls were welcomed by the country’s data protection authority.
2025-11-28T17:04:00Z By Ruth Prickett
Environmental ratings are becoming big business as companies seek proof of sustainable and socially beneficial conduct. Firms that issue ratings on environmental, social and governance (ESG) performance are set to be regulated in the EU and U.K.
2025-11-28T16:07:00Z By Neil Hodge
Plans to give the U.K.’s audit regulator more options to regulate firms for sloppy work have been largely well received by experts, who believe the current system is “inflexible,” “cumbersome,” and “slow.”
2025-11-26T19:20:00Z By Oscar Gonzalez
The U.S. Federal Deposit Insurance Corporation issued a final rule to change the leverage capital requirements for both large and community banks. The agency said the modification will ”reduce disincentives a banking organization may have to engage in lower-risk activities.”
Site powered by Webvision Cloud