EU and Google join forces for voluntary AI pact

TL;DR Breakdown

  • The European Commission and Google are working to develop a voluntary AI pact before legislation comes into effect.
  • This initiative aims to anticipate and prepare for AI’s potential societal and business impacts.
  • EU Industry chief Thierry Breton has urged EU countries and lawmakers to finalize the proposed AI rules before the end of the year.

In a remarkable leap towards defining the ever-changing landscape of Artificial Intelligence (AI), Google and the European Commission have announced plans to lay out a cooperative agreement for the emerging technology.

This decision comes in light of the growing urgency for global oversight on AI’s societal and business implications.

EU industry chief, Thierry Breton, took the initiative, meeting with Sundar Pichai, the CEO of Google and Alphabet, its parent company, to chart a path for an AI pact. This meeting sought to draw the blueprint for AI governance even before the regulatory frameworks become legally binding.

Co-creation of AI pact: A voluntary undertaking

Breton expressed the urgency of proactive measures, stating that there was no time to be complacent until AI regulation was actually enforceable.

“We agreed on the necessity of working together with all AI developers to already develop an AI pact on a voluntary basis ahead of the legal deadline,” he shared in an official statement.

This move to align Google and other AI developers with the impending legal framework signals the willingness of these tech giants to play an active role in shaping AI’s future.

The EU industry chief also made a plea to EU countries and lawmakers to fast-track the details of the Commission’s proposed AI rules before the year concludes. These two factions are yet to commence negotiations to resolve their differences.

Harnessing the power of AI without compromising innovation

With AI’s rapid evolution and its potential to revolutionize society and business structures, there is mounting concern about ensuring adequate oversight without inhibiting technological advancement.

Governments worldwide are grappling with this challenge, striving to strike a balance between exploiting AI’s benefits and mitigating potential pitfalls.

Echoing Breton’s sentiment, EU Commissioner for Competition Margrethe Vestager, who also met Pichai, emphasized the need for swift collective action. “AI technology evolves at extreme speed. So we need a voluntary agreement on universal rules for AI now,” she highlighted.

Looking at fostering international cooperation, the European Union and the United States are also planning to intensify their collaborative efforts on AI to set minimum standards before relevant legislation comes into effect.

Ensuring responsible AI use: A global concern

Addressing the darker side of AI, Commission Vice President Vera Jourova brought up the issue of disinformation and pro-Kremlin war propaganda spread through Google’s products and services. She expressed concern about the potential risks this poses to EU and national elections.

In response, Pichai pledged to investigate the challenges faced by independent Russian media in monetizing their content on YouTube, Google’s video-sharing platform.

This ongoing dialogue between tech conglomerates like Google and major political entities marks a defining moment in AI’s history.

By pursuing an AI pact prior to the establishment of official laws, these global leaders are actively shaping the technology’s trajectory, helping ensure that AI evolves in a way that benefits society while maintaining the integrity of information.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:EU and Google join forces for voluntary AI pact

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月26日 14:34
Next 2023年5月26日 15:33

Related articles

  • Coinbase and cash app partner to empower self-custody with Jack Dorsey’s Bitcoin wallet

    TL;DR Breakdown Block (SQ), owned by Jack Dorsey, will integrate Bitkey, its new self-custody Bitcoin wallet, with Cashapp and Coinbase.  BitKey is a Bitcoin hardware wallet developed by Block, previously Square, and linked with Jack Dorsey. BitKey’s wallet has yet to be available, despite its introduction. The BitKey external beta testing requires a quick application. Grossman said Block plans to deploy the wallet later this year, although she did not specify a quarter. Two major companies in the crypto industry, Coinbase, and Cash App, have announced that they will be integrating Jack Dorsey’s Bitcoin self-custody wallet. This partnership is a monumental advance in the widespread use of decentralized finance, giving investors greater discretion over their digital possessions. The expanding use of self-custody wallets With more and more people desiring to take complete charge and ownership of their digital assets, self-custody wallets have become increasingly popular. To use a conventional crypto exchange, consumers must place their faith in the platform to safely store their funds. The risk of having one’s cash stolen or lost in the event of a platform failure…

    Article 2023年6月18日
  • Shibburn’s Twitter account  shocking suspension

    TL;DR Breakdown The sudden suspension of Shibburn has sparked speculation and deliberation among the crypto community, leading many individuals to question the transparency and consistency of Twitter’s moderation procedures. This recent suspension is not an isolated incident, as Twitter suspended the account of the popular meme coin-linked artificial intelligence-powered bot, “Explain This Bob,” on June 19. The crypto community eagerly awaits a resolution to the Shibburn suspension and hopes for clarity on the reasons behind the account’s removal. Description The suspension of the well-engaged Shiba Inu burn tracker Twitter account, Shibburn, has caught the attention of the crypto community. The account holders had made appeals for assistance and a resolution by reaching out to influential individuals like Elon Musk and Twitter’s new CEO, Linda Yaccarino. Shibburn had garnered significant traction within the crypto community … Read more The suspension of the well-engaged Shiba Inu burn tracker Twitter account, Shibburn, has caught the attention of the crypto community. The account holders had made appeals for assistance and a resolution by reaching out to influential individuals like Elon Musk and Twitter’s new…

    Article 2023年6月27日
  • Custodia CEO questions the controversy surrounding FedNow launch

    TL;DR Breakdown Custodia Bank CEO calls out controversial inclusion in the early adopter’s list. Regulatory transparency and the challenges surrounding FinTechs. Description On the same day the Federal Reserve announced the launch of its FedNow instant payment service, an intriguing revelation caught the attention of Caitlin Long, CEO of Custodia Bank. FedNow allows real-time, always-on money transfers within its interbank system, but Long noticed an unusual aspect among the list of early adopters. Adyen, an Amsterdam-based company, … Read more On the same day the Federal Reserve announced the launch of its FedNow instant payment service, an intriguing revelation caught the attention of Caitlin Long, CEO of Custodia Bank. FedNow allows real-time, always-on money transfers within its interbank system, but Long noticed an unusual aspect among the list of early adopters. Adyen, an Amsterdam-based company, was among the 35 banks and credit unions with access to the service, despite having reportedly received its federal master account in July 2020, a year before being approved to establish a U.S. branch. Custodia CEO questions the situation Long raised a crucial question on…

    Article 2023年7月23日
  • Attorney faces backlash over-reliance on ChatGPT in court

    TL;DR Breakdown An attorney is facing backlash for the factual errors in the case document gotten from ChatGPT. Analysts discuss skepticism over the potential of AI replacing humans. An attorney from New York, Steven Schwartz of Levidow, Levidow & Oberman law firm, has come under fire for incorporating ChatGPT, an AI language model, into his legal research while handling a lawsuit against Avianca Airlines. The case involves Robert Mata, who claims to have suffered an injury from a serving cart during a flight with the Colombian airline in 2019, as reported by CNN Business on May 28. The attorney presented wrong documentations gotten from ChatGPT The case took an unexpected turn when the judge overseeing the proceedings noticed inconsistencies and factual errors in the documentation provided. In an affidavit dated May 24, Schwartz admitted to using ChatGPT for his legal research and claimed he was unaware of the potential for false information within its content. He further stated that this was his first time utilizing the AI model for legal research. The judge’s scrutiny revealed that several cases submitted by…

    Article 2023年6月1日
  • NounsDAO faces treasury split as holders seek a better deal

    TL;DR Breakdown NounsDAO is facing a treasury split as members are seeking a better deal. The ongoing trend in the DAO space. Description In the fast-paced world of cryptocurrency and decentralized autonomous organizations (DAOs), the term “rage quit” has gained prominence. NounsDAO, a prominent player in the NFT (Non-Fungible Token) space, is now on the brink of a treasury split as a significant group of NFT holders expresses discontent with the project. According to the surprising turn of … Read more In the fast-paced world of cryptocurrency and decentralized autonomous organizations (DAOs), the term “rage quit” has gained prominence. NounsDAO, a prominent player in the NFT (Non-Fungible Token) space, is now on the brink of a treasury split as a significant group of NFT holders expresses discontent with the project. According to the surprising turn of events, holders of 25% of all Nouns NFTs have initiated a move that could potentially shake the foundations of NounsDAO. NounsDAO members set to trigger the rage quit option Instead of the holders attempting to sell their NFTs in a bearish market, they are…

    Article 2023年9月11日
TOP