The European Parliament’s most influential committees recently decided to rewrite AI law and alter it to rein in deep learning frameworks like ChatGPT.

MEPs from Europe’s civil rights and consumer protection committees overwhelmingly supported the proposed AI Act.

There will be limits placed on the technology’s use throughout Europe, according to a statement issued following the vote, but the document will also provide room for new ideas to flourish.

The proposed regulations will be submitted to the whole parliament next month for approval. After that, the EU member states and the European Commission will have their say on the finer points before the legislation is enacted.

In light of ChatGPT’s meteoric rise, which demonstrates both the advantages and potential of cutting-edge technology and the risks associated with the bogus material it may create, the need for legislation governing artificial intelligence (AI) has never been greater.

Co-rapporteur Brando Benifei of Italy released a statement after the vote, saying:

We are about to enact historic legislation that will have to stand the test of time. Trust among the general public is essential for the progress of AI. We are sure that our language strikes the proper balance between protecting basic rights and satisfying the needs of companies for legal stability and fostering innovation in Europe.

Can you explain the Artificial Intelligence Act?
The AI Act, first suggested in 2021, would establish regulations for any item or service that makes use of an AI system.

Riskier applications will be subject to stricter constraints and demand higher levels of transparency and accuracy based on the four levels of AI (from minimum to unacceptable).

Tools used by police that attempt to predict who will commit crimes and where they will occur are likely to be outlawed. Except in cases where it is necessary to fight or prevent a particular terrorist danger, the use of remote face recognition technology will likewise be prohibited.

The goal is “to avoid a controlled society based on AI,” Benifei said earlier Wednesday. The hazards associated with these technologies are too great in our opinion, and we can see how they may be utilised for both good and evil.

Though chatbots aren’t explicitly addressed in the original agreement, legislators later included a provision classifying ChatGPT and other forms of generative AI as equally dangerous as nuclear power plants.

The EU claims that if the proposal is passed, it would constitute “the world’s first rules on artificial intelligence.”

Even if the two parliamentary committees came to an agreement on Thursday, it might take years for the legislation to be implemented across the EU’s 27 member countries.