European Commission focuses its attention on procurement Microsoft’s prolific AI company OpenAI, which is revolutionizing the industry with applications like ChatGPT. “For now, Brussels wants to see clearly whether the giant founded by Bill Gates will invest.”“It may be subject to review within the scope of the EU Merger Regulation,” the statement said.
The announcement comes on the eve of Competition Commissioner Margrethe Vestager’s trip to California, where she will attend an antitrust conference in Palo Alto and meet with many of the top heads of American tech giants. Notably, Apple will meet with Tim Cook and Google leaders Sundar Pichai, as well as OpenAI’s two heads: technology director Mira Murati and strategy director Jason Kwon.
“According to what we read in the press, the European Commission is examining some agreements signed between the main players of the digital market and productive artificial intelligence developers and suppliers and, in particular, “investigating the impact of these partnerships on market dynamics”. Brussels wants to prevent innovations in artificial intelligence from resulting in an oligopoly where a few dominant giants control applications that could become central to the future of the economy and society.
Last month, EU institutions and governments agreed on the final text of the artificial intelligence law, the first of its kind in the world. While the Artificial Intelligence Law, as it has been renamed, aims to protect citizens and democracies from the risks of this technology, it also aims to close the gap with the USA by encouraging the development of artificial intelligence in the EU. States, but also from China.
One of the most sensitive issues of the negotiations concerned the transparency requirements of the most powerful AI models such as ChatGPT or Bard. Some countries, such as Germany, France and Italy, have expressed fears that an overly strict regulatory framework could hinder the development of these technologies in the EU, which is already significantly behind the United States but also compared with China. French Minister Bruno Le Maire recently complained that investments in artificial intelligence in 2022 amount to 50 billion in the USA, 10 billion in China and only 5 billion in Europe.
The compromise includes a set of transparency requirements and obligations for AI systems that are classified as high risk (due to their significant potential harm to health, security, fundamental rights, the environment, democracy and the rule of law). There are also sanctions in case of violation of the rules.
Source: Today IT
Karen Clayton is a seasoned journalist and author at The Nation Update, with a focus on world news and current events. She has a background in international relations, which gives her a deep understanding of the political, economic and social factors that shape the global landscape. She writes about a wide range of topics, including conflicts, political upheavals, and economic trends, as well as humanitarian crisis and human rights issues.
