European Trio Unveils : In a groundbreaking development, France, Germany, and Italy have come together to reach a common understanding on the regulation of artificial intelligence (AI). The joint paper is poised to expedite discussions at the European level, offering insights into how AI should be governed.
The consensus among the three governments revolves around advocating “mandatory self-regulation through codes of conduct” specifically for foundation models of AI, designed to generate a wide array of outputs. Notably, the stance opposes “untested norms.” The joint paper underscores that the AI Act should regulate the application of AI rather than the technology itself, emphasizing that inherent risks lie in the application of AI systems.
As negotiations on AI regulation unfold at the European Commission, the European Parliament, and the EU Council, the joint paper outlines key principles. Developers of foundation models are expected to define model cards, providing crucial information about machine learning models. These model cards are intended to include relevant details about the model’s functioning, capabilities, and limitations, drawing from best practices within the developer community.
Also Read: Nvidia Dance with Regulations: A High-Tech Saga of Innovation and Constraints
Moreover, the joint paper suggests the establishment of an AI governance body, tasked with developing guidelines and overseeing the application of model cards. The proposed governance body is seen as a mechanism to ensure responsible AI practices.
Initially, the paper recommends refraining from imposing sanctions. However, if violations of the code of conduct are identified after a specified period, the possibility of implementing a system of sanctions is acknowledged.
The German Economy Ministry, in collaboration with the Ministry of Digital Affairs, emphasized that AI regulation should focus on its application rather than the technology itself. Digital Affairs Minister Volker Wissing expressed satisfaction with the agreement, highlighting the need to regulate AI applications to compete on the global stage.
The joint paper signifies a concerted effort by European nations to strike a balance between seizing the opportunities presented by AI and mitigating potential risks. As governments worldwide seek to harness the economic benefits of AI, this agreement signals a milestone in creating a unified approach to AI regulation within the European Union. The German government’s digital summit and discussions with Italy further underscore the growing importance of AI in shaping the future of technology and governance.