Meta has decided not to sign the European Union’s code of practice for AI regulation, just weeks before new rules come into effect. This code aims to help AI companies follow the EU’s upcoming regulations.
Joel Kaplan, Meta’s chief global affairs officer, expressed concerns about the code on LinkedIn. He argues it creates legal uncertainties for developers and imposes excessive regulations, which he believes could harm AI innovation in Europe.
The EU’s code requires companies to document their AI tools, prohibits training AI on pirated content, and mandates compliance with requests from content owners about their works. Essentially, it’s a framework for responsible AI use.
Kaplan describes the legislation as an overreach, suggesting it could limit the development of advanced AI models and hinder European businesses looking to innovate.
The EU’s AI Act targets “unacceptable risk” applications, banning practices like social scoring and cognitive behavioral manipulation. It outlines “high-risk” areas such as biometrics and education, requiring developers to register their AI systems and adhere to risk management guidelines.
Many tech companies, including big names like Google and Microsoft, are advocating against these rules. They’ve even asked the EU to postpone the implementation. However, the Commission remains committed to its timeline.
Recently, the EU issued guidelines for AI model providers. The new regulations will impact companies like OpenAI, Google, and Meta, especially those with models considered to pose systemic risks. These companies will need to comply by August 2, 2027.
A report by the McKinsey Global Institute found that AI could add up to $13 trillion to the global economy by 2030. This potential underscores the importance of balancing regulation and innovation. Companies worry excessive rules might stifle this growth.
In the ever-evolving landscape of AI, it’s crucial for regulations to support innovation while ensuring safety and ethical use. The coming months will reveal how companies adapt to these new norms and the impact on the future of AI technology.
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EU AI Act,european union,Meta