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EU AI Act: Latest draft Code for AI model makers tiptoes towards gentlerguidance for Big AI

The EU has published a third draft of the Code of Practice for general purpose AI (GPAI) models, seeking to clarify compliance with the upcoming EU AI Act. The guidelines aim to support GPAI providers while balancing regulatory expectations and industry feedback, amid criticism from the US regarding overregulation. Written feedback is due by March 30, 2025, before finalization.

Key points

  • The EU's third draft of the Code of Practice for GPAI was released to aid compliance with the EU AI Act.
  • It aims for a clearer, more streamlined structure based on previous feedback during the drafting process.
  • The Code includes sections on transparency, copyright, safety, and security obligations for powerful AI models.
  • Concerns over the ambiguity in language regarding copyright compliance hints at potential exploitation by AI companies.
  • US officials criticize EU's regulation as overreach, seeking less stringent requirements while urging the EU to consider the economic impact.

Why it matters

  • The EU AI Act represents a significant regulatory move in response to growing concerns about AI, which correlates with global trends toward stricter tech regulations.
  • The dynamics between the EU's regulatory measures and US lobbying reflect a broader tension in international AI governance.
  • By 2025, the balance between innovation and regulation will be pivotal in shaping the AI landscape, impacting technological advancements and market competition.

The EU's approach to regulating AI through the Code of Practice illustrates the complexities of balancing innovation and compliance amid international pressures, marking a significant step in the future of AI governance as the May finalization deadline approaches.