AI legal framework needs to promote innovation, senior Google executive says
Reuters
Published Nov 28, 2023 03:34AM ET
Updated Nov 28, 2023 06:03PM ET
By Foo Yun Chee
BRUSSELS (Reuters) - Rules governing the use of artificial intelligence should support innovation, Google (NASDAQ:GOOGL)'s chief legal officer Kent Walker said on Tuesday, echoing pleas by a wide swath of businesses and tech groups as the European Union races to agree AI rules next month.
EU countries and EU lawmakers are now thrashing out the final details of a draft proposal by the European Commission and aim to get a deal on Dec. 6.
One of the biggest issues is foundation models, such as OpenAI's ChatGPT, which are AI systems that are trained on large sets of data, with the ability to learn from new data to perform a variety of tasks.
Walker said Europe should aim for the best AI rules, not the first AI rules.
"Technological leadership requires a balance between innovation and regulation. Not micromanaging progress, but holding actors responsible when they violate public trust," he said in the text of a speech to be delivered at a European Business Summit.
"We've long said that AI is too important not to regulate, and too important not to regulate well. The race should be for the best AI regulations, not the first AI regulations."
He called for hard trade-offs between security and openness, between data access and privacy, between explainability and accuracy, with proportionate, risk-based rules that build on existing regulations and give businesses the confidence they need to keep investing in AI innovation.
Business group DigitalEurope and 32 European digital associations last week warned the EU against over-regulating foundation models.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.