EU Reaches Early Agreement on AI Act with Focus on Transparency and Risk Mitigation

In Brief
The EU has reached an early agreement on the AI Act, which could be the world’s first comprehensive set of laws regulating the use of AI technology.
Companies using generative AI tools like ChatGPT and Midjourney will be obligated to disclose any copyrighted material used in developing their systems.
AI tools will be categorized based on the risk level they pose, and the regulations may cover issues like biometric surveillance, dissemination of misleading information, or discriminatory language.

The European Union has reached an early agreement on the Artificial Intelligence Act, which could be the world’s first comprehensive set of laws regulating the use of AI technology. As part of the act, companies using generative AI tools like ChatGPT and Midjourney will be obligated to disclose any copyrighted material used in developing their systems. The legislation is currently in a stage where EU lawmakers and member states will work on finalizing the bill’s details.
According to the proposed regulations, AI tools will be categorized based on the risk level they pose, ranging from low to limited, high, and unacceptable. The regulations may cover issues like biometric surveillance, the dissemination of misleading information, or discriminatory language. Although there are no plans to ban high-risk tools, companies that use them will need to be exceedingly transparent in their activities.
Companies using generative AI tools must disclose any copyrighted material used in their development. The requirement was added in the past two weeks, and committee members previously considered a ban but decided on transparency instead.
The European Commission started working on the AI Act around two years ago to oversee the development of new AI technology, which became increasingly popular and received substantial investments following the debut of OpenAI’s ChatGPT, an AI-powered chatbot.
The text may undergo minor technical changes before a crucial committee vote on May 11 but should be presented for a plenary vote in mid-June.
Amnesty International wrote that the AI Act should also focus on European technologies exported to third countries. Firstly, AI systems that are not permitted in Europe should not be exported. Secondly, if high-risk technologies are permitted for export, they must comply with the same regulatory criteria as high-risk technologies sold within the EU.
“EU lawmakers must not miss this opportunity to prohibit the use of certain AI-based practices and protect the rights of migrants, refugees, and asylum seekers against harmful aspects of AI,”
said Mher Hakobyan, Advocacy Advisor on Artificial Intelligence Regulation.
These are no longer just idle musings, either, as some companies are looking into using AI in potentially dangerous scenarios. For instance, Palantir’s recently announced AIP may be a cause of concern for Amnesty International and the EU AI Act since it involves using large language models and algorithms in sensitive contexts like the military. The AIP’s potential impact on privacy, human rights, and other ethical considerations may be subject to scrutiny under this legislation.
Read more:
Disclaimer
Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.
The Trust Project is a worldwide group of news organizations working to establish transparency standards.
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected].
More articles

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in Literary Studies from the University of Amsterdam and has an extensive background in writing about a wide range of topics including cybersecurity, travel, art, and culture. She has also volunteered as an editor for the animal rights organization, “Open Cages,” where she helped raise awareness about animal welfare issues. Currently, Agne splits her time between Barcelona, Spain, and Vilnius, Lithuania, where she continues to pursue her passion for journalism. Contact her on [email protected].