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    Home»Crypto»OpenAI Could Exit Europe Amid Regulatory Pressure: Reuters
    Crypto

    OpenAI Could Exit Europe Amid Regulatory Pressure: Reuters

    AuthorBy AuthorMay 25, 2023No Comments2 Mins Read
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    OpenAI CEO Sam Altman has announced that the company behind ChatGPT may leave Europe if the company fails to comply with pending AI regulations in the European Union, Reuters reports.

    “They can do a lot, like change the definition of general-purpose AI systems,” Altman said. “There are many things that can be done.”

    The key issue, Altman said, is a rule in the EU AI Act that will require companies to disclose copyrighted materials used to develop generative AI tools.

    Last week, Apple joined other corporations in banning employees from using ChatGPT and other third-party AI tools for their work due to concerns that doing so could leak confidential company data. to be stored on third-party servers.

    “The current draft of the EU AI Act may be over-regulating, but we have heard that it will be withdrawn,” Altman said. Reuters.

    According to the Future of Life Institute, which issued a report analyzing the EU AI Act, general purpose AI is defined as AI systems with a wide range of possible uses—both intended and not intended by the developers.

    In December, EU states approved a version of the Artificial Intelligence Regulation Act.

    Last month, a group of policymakers in the European Parliament called on US President Joe Biden and European Commission President Ursula von der Leyen to convene a global summit to come up with a set of management principles for the development, control, and deployment of artificial intelligence.

    Since its public launch in November, the rapid rise of OpenAI’s ChatGPT has shocked world leaders, with many countries opening investigations into OpenAI’s practices or issuing bans on ChatGPT.

    After Italy banned ChatGPT, citing privacy concerns, OpenAI initiated several updates, including allowing users to delete their history.

    During a panel discussion at University College London on Wednesday, Altman said that OpenAI will try to comply with the rules before deciding to close its European operations.

    “We can either meet the requirements or not,” Altman said. “If we can comply, we will, and if we can’t, we will stop operating.”

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