By Hari Haran
As technology advances, so do its uses. Generative Artificial Intelligence (AI) is a form of AI that creates something from nothing, and it’s becoming increasingly popular in various industries.
However, this type of technology carries certain risks, prompting the European Union to take action.
Recently, EU lawmakers voted in favor of passing new transparency and safety rules for generative AI in order to protect citizens and businesses from any potential risks.
In this blog post, we’ll be exploring what these new regulations mean for the future of generative AI technologies.
What is generative AI?
Generative AI is a type of artificial intelligence that is used to create new data, images, text, or sound that closely resembles what could have been created by a human being.
This technology has a vast range of applications, from creating realistic images and videos to generating unique musical compositions.
The main principle behind generative AI is to provide the system with some initial information, which is then used to generate new data that mimics the given input.
While generative AI has many exciting possibilities, it is also important to note that this technology comes with its fair share of risks and challenges.
In some cases, generative AI may produce results that are biased or discriminatory, or it may produce fake information that can be misleading and harmful to society.
Therefore, there is a need for regulatory frameworks that ensure the ethical and safe use of generative AI.
What are the risks associated with generative AI?
Generative AI, also known as artificial creativity, is a powerful technology that can generate content such as music, images, and text.
While it offers exciting opportunities, generative AI poses significant risks to society.
For instance, generative AI can produce fake news and misinformation, which can manipulate public opinion.
Moreover, it can generate deepfakes, which can harm people’s reputations, cause political unrest, and threaten national security.
Furthermore, generative AI can also perpetuate bias and discrimination. If the data used to train the algorithms are biased, the generated content will also be biased.
This can exacerbate existing inequalities and widen the digital divide. Lastly, generative AI can raise ethical concerns related to ownership, privacy, and consent.
If the generated content mimics existing works or reproduces sensitive data, the creators and the users can face legal and ethical consequences.
Given these risks, it is crucial to establish transparency and safety rules that ensure that generative AI technologies are used ethically, responsibly, and for the common good.
The European Union (EU) has taken an important step forward by proposing a new set of regulations that will promote transparency, accountability, and safety in the development, deployment, and use of generative AI technologies.
These rules will apply to companies that produce or sell AI systems, as well as to public entities that use them.
In the following section, we will explore the new transparency and safety regulations proposed by the EU and their potential impact on the future of generative AI.