June 13, 2024

Regulating AI: Balancing Innovation with Responsibility and Ethics in the EU

2 min read
The Artificial Intelligence Law Creates Disparities Between Well-Resourced Companies and Open-Source Users

Artificial intelligence (AI) is now subject to regulation, with the approval of the European standard AI Act. This regulation will gradually apply to any AI system used in the EU or affecting its citizens, and will be mandatory for suppliers, implementers, or importers. The law creates a divide between large companies that have already anticipated restrictions on their developments and smaller entities that aim to deploy their own models based on open-source applications. Smaller entities that lack the capacity to evaluate their systems will have regulatory test environments to develop and train innovative AI before market introduction.

IBM emphasizes the importance of developing AI responsibly and ethically to ensure safety and privacy for society. Various multinational companies, including Google and Microsoft, are in agreement that regulation is necessary to govern AI usage. The focus is on ensuring that AI technologies are developed with positive impacts on the community and society, while mitigating risks and complying with ethical standards.

Despite the benefits of open-source AI tools in diversifying contributions to technology development, there are concerns about their potential misuse. IBM warns that many organizations may not have established governance to comply with regulatory standards for AI. The proliferation of open-source tools poses risks such as misinformation, prejudice, hate speech, and malicious activities if not properly regulated.

While open-source AI platforms are celebrated for democratizing technology development, there are also risks associated with their widespread accessibility. The ethical scientist at Hugging Face points out the potential misuse of powerful models, such as in creating non-consensual pornography. Security experts highlight the need for a balance between transparency and security to prevent AI technology from being utilized by malicious actors.

Defenders of cybersecurity are leveraging AI technology to enhance security measures against potential threats. While attackers are experimenting with AI in activities like phishing emails and fake voice calls, they have not yet utilized it to create malicious code at a large scale. The ongoing development of AI-powered security engines gives defenders an edge in combating cyber threats, maintaining a balance in the ongoing technological landscape.

However, despite these concerns about potential misuse of open-source AI tools

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