EU may fail to pass its AI Act in 2023
The long-awaited EU AI Act is still under debate as European lawmakers can’t agree on how to regulate foundation models, and it’s unlikely to pass regulation before December.
As first reported by Reuters, Spain, which currently heads the EU, is pushing for more regular vetting for vulnerabilities and the creation of a tiered system of regulation depending on the number of users a model has.
European lawmakers have had three trilogues (a three-party discussion between the European Parliament, the Council of the European Union, and the European Commission) around the AI Act, with a fourth expected to happen this week.
Another meeting has been set for December, if none of the parties agree on anything this month. This has sparked concern...