I may well be wrong but the EU take on this will just put them at a severe competitive disadvantage. The US, China, Taiwan etc. won't be holding back.
I guess this may mean more lawsuits against the US Big Tech and maybe restrictions on what their software can do in the EU, but there's no stopping the push towards better AI models.
It'll be an interesting 5 years or so as this shakes out.
https://www.cnbc.com/2023/06/14/eu-l...egulation.html
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European Parliament members agreed to bring generative AI tools like ChatGPT under greater restrictions. Generative AI developers will be required to submit their systems for review before releasing them commercially.
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I do think they have a point on below re: social scoring systems.
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The Parliament also decided to hold firm with a ban on real-time biometric identification systems, as well as controversial “social scoring” systems.
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