GPT-4: The EU’s amended AI Act could ban major American tech companies from providing API access to generative AI models and impose massive fines for non-compliance. The act also targets open-source developers and software distributors, with no safe-harbor provisions for open-source generative systems. The legislation’s extraterritorial jurisdiction and potential conflicts with US law may lead to friction between the two regions. Critics argue that the act encourages unsafe AI and may create more problems than it solves.
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