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OpenAI says it could ‘cease operating’ in the Europe

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SOURCE: The Verge

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OpenAI CEO, Sam Altman, has expressed concern over the proposed EU AI Act, which is being finalized and might designate large-scale AI systems, such as OpenAI’s ChatGPT and DALL-E, as “high risk”, subjecting them to stringent safety and transparency requirements. Altman has noted that compliance may be technically challenging, and the obligation to disclose system details, including data sources, could pose business risks due to the increasing commercial value of these AI tools. Such disclosure could also potentially expose the company to lawsuits related to the use of copyrighted data for training the AI systems. Despite these concerns, Altman reassured that OpenAI has no plans to leave the European market. However, this situation has shed light on OpenAI’s stance on regulation, indicating a preference for focusing on future, more powerful AI systems rather than the present capabilities.

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