Last week marked a pivotal moment in the history of digitalization as the EU Parliament agreed to the first legislation on artificial intelligence in the world, the AI Act.
The European Parliament reached an agreement on the AI Act introducing stricter regulations for foundation models like ChatGPT, which will distinguish them from general-purpose AI.
The growth of generative artificial intelligence systems has led EU lawmakers to focus on General Purpose AI, like ChatGPT, in drafting the AI Act, which will set the framework governing artificial intelligence in the European Union.
The EU Parliament has agreed on a new and broader definition of artificial intelligence under the forthcoming AI Act when US officials also call for a regulatory framework.
