Wednesday, June 14th 2023
EU Approves Formation of Artificial Intelligence Act
The European parliament has voted today on a proposed set of rules that aim to govern artificial intelligence development in the region. The main branch has approved the text of draft of this legislation—a final tally showed participant counts of 499 in favor, and 28 against, and 93 abstentions at the Strasbourg HQ-based meeting. The so called "AI Act" could be a world first as well as a global standard for regulation over AI technology—members of the European Parliament (MEPs) are expected to work on more detailed specifics with all involved countries before new legislation is set in stone.
Thierry Breton, the European commissioner for the internal market stated today: "AI raises a lot of questions socially, ethically, economically. But now is not the time to hit any 'pause button'. On the contrary, it is about acting fast and taking responsibility." The council is aiming to gain control of several fields of AI applications including drone operation, automated medical diagnostic equipment, "high risk" large language models and deepfake production methods. Critics of AI have reasoned that uncontrolled technological advancements could enable computers to perform tasks faster than humans—thus creating the potential for large portions of the working population to become redundant.
Sources:
Guardian, EU Proposal
Thierry Breton, the European commissioner for the internal market stated today: "AI raises a lot of questions socially, ethically, economically. But now is not the time to hit any 'pause button'. On the contrary, it is about acting fast and taking responsibility." The council is aiming to gain control of several fields of AI applications including drone operation, automated medical diagnostic equipment, "high risk" large language models and deepfake production methods. Critics of AI have reasoned that uncontrolled technological advancements could enable computers to perform tasks faster than humans—thus creating the potential for large portions of the working population to become redundant.
70 Comments on EU Approves Formation of Artificial Intelligence Act
And while China may be headed towards a dystopia (their choice), I can assure you the US is not. There's the embarrassing situation of the ISPs/telcos having a stranglehold on everything, but otherwise, if you want funding and to reap the results of your own work, the US is where you want to be.
And I'm not suggestion the EU should stop regulating. But I'd rather have them come up with a plan for leadership in a few key domains and then regulate around that.
PS I still have to tip my hat to OpenSUSE, though. Made in EU :cool:
From an individual (very liberal!) perspective, you're 100% right. Unfortunately the liberal perspective completely omits the value of the collective. Its how we end up with hypercapitalism. Less law more good because now I can get filthy rich. That's really what you're saying without saying it. And those are the cracks in society. Those are the key drivers that erode public faith and accelerate extremist views. The next step is anarchy - again... the US has had recent examples and they're ongoing.
So sure, its really cool you can make money with your fancy tech idea. You might just ascend to the 3% in the top... and then you can raise your middle finger at the remaining 97% and all is well. You'll then donate to some charity and make noise about it to satisfy the idea that you're giving back. In some other topic (D4 related) people mused about worker's rights and making a stand and how difficult that is. This post here describes the core of that problem. Somehow lots of people have decided its every man for himself. Good luck w that, now live it.
This is the only available trajectory right now, sadly, for the US. As a tech worker in the EU I'm very happy we're thinking outside that box.
The American dystopia is the capitalist one: companies exerting total control over the individual through subtle means.
I'm the individual. Guess where I stand.
We had Nokia, they were kings, but they self destroyed themselves, it happens. We had ericson and alcatel.
Nokia is now leading on 5G
Google, Facebook, Twitter, Tik tok...:
I have no idea why those don't happen in Europe. We have spotify. Is it because of some laws? Do you have any insights
Intel, TSMC, Samsung:
They would not exist without ASML or Zeiss, etc...
What are you exactly talking about? I guess we lack mostly on the software side of things. It's the laws in EU that stop the software development?
The same thing that happened (or is attempted) in the shared economy, platform economy, etc.
Google and Facebook had design wins and stormed forward to make it better and claim dominance.
New players are having an extremely difficult time to combat them, especially when said parties are now buying up startups left and right. They positioned themselves as gatekeeper, judge and jury.
The lack of US regulation (and ironically EU regulation too) is the cause of this. And now the US is looking at a few monsters that directly threaten its democracy, and a public that is addicted to said monsters. Forget lobbying, companies can just grab the power to herd the masses now. Musk is exercising that opportunity now on his 'own' medium. And since the power is with the people... :)
Laws spawn bureaucracy. Bureaucracy slows you down (at best). Like one Nokia exec once said: "by the time we put together a PowerPoint presentation, the Chinese build a phone".
There is far more venture capital available in the US, so you can realize your idea quicker. This is crucial, because in some instances, like Facebook or smartphone operating systems, once a player or two get established, there's no room for more. The US also has more and better tech universities, so more talent is readily available - true story, I have a colleague that went to the US "just for the PhD" and never returned when he saw the opportunities ahead over there (he wasn't even looking).
Of course, too much bureaucracy is harmful for the individual as well (look at ex-communist Eastern European shitholes like where I'm originally from), but we need laws to keep companies (tech included) in check. Too much power is always dangerous, whether it be in the hands of governments or corporations.
Microsoft were build on a garage by students, Facebook in college, Twitter didn't even need a building, students and podcasts something like that. Reddit the same. Etc...
I fail to see how bureaucracy could stop them. How better colleges could be the problem. A hardware company, sure, software doesn't seem that straight forward.
And if hardware companies can make it in the EU and lead, despite the bureaucracy and software don't. I need better reasoning to justify this then bureaucracy
If something, I care about my team and my manager infinitely more than I ever will about any company I ever work for through my whole life, that's for sure. Sorry, dude. :( I wish Brexit had never happened, and we still welcomed talented individuals without a work visa.
Recently I was reading about some guy that was pitching his idea all around Berlin and getting laughed at. He went on to build a successful business in the US. I can't recall the name (serious brain lapse), but it's now a recognizable one.
www.youtube.com/@SharkTankIndia
From what I've seen the EU is also generally more conservative than the US or China. Maybe not at an individual level but certainly businesses & govts at large.
Most of the tech stories in the US were funded by the family/friends first, only then they searched for venture capital/investors.