The European Commission circulated on Sunday (19 November) a possible compromise on the AI law to break the deadlock on foundation models, applying the tiered approach to General Purpose AI and introducing codes of practice for models with systemic risks.
The AI Act is a landmark bill to regulate Artificial Intelligence based on its potential risks. The legislative proposal is currently at the last phase of the legislative process, so-called trilogues, between the EU Commission, Council and Parliament.
In the past weeks, the EU policymakers involved have been butting heads on regulating powerful foundation models like GPT-4, which powers the world’s most famous chatbot, ChatGPT, a versatile type of system known as General Purpose AI.
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