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Globe/wire say Microsoft sees EU drawing code for AI

2023-06-01 08:59 ET - In the News

The Globe and Mail reports in its Thursday, June 1, edition that European Commission tech chief Margrethe Vestager said Wednesday she believed a draft code of conduct on artificial intelligence (AI) could be drawn up within weeks, allowing industry to commit to a final proposal "very, very soon." A Reuters dispatch to The Globe reports that policy makers and many in the industry have expressed concern about AI, particularly content-creating generative AI such as ChatGPT, with some equating it to the risks posed by pandemics or nuclear war. ChatGPT was developed by Microsoft-backed OpenAI. Ms. Vestager said the United States and the European Union should push a voluntary code to provide safeguards while new laws are developed. She said: "Generative AI is a complete gamechanger. Everyone knows this is the next powerful thing. So within the next weeks we will advance a draft of an AI code of conduct." The EU's AI Act, with rules on facial recognition and biometric surveillance, is still going through the legislative process. Ms. Vestager said: "In the best of cases it will take effect in 2-1/2 to three years' time. That is obviously way too late. ... We need to act now."

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