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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.
(Reporting by Foo Yun Chee; Editing by Josie Kao)
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