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The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials. 1096 Total views 10 Total shares Listen to article 0:00 News Own this piece of history

Collect this article as an NFT Join us on social networksControversies around artificial intelligence (AI) and its use of copyrighted material have arisen in various scenariosafter a major uptick in the use of the technology in content creation.

Legislators in the European Union have responded to the growing usage of AI in a vote on April 27, which pushed forward a draft of a new bill designed to keep the technology and companies developing it in check.

Details of the bill will be finalized in the next round of deliberations among legislatures and member states. Though, as it currently stands, AI tools will soon be classified according to their risk level. The risk levels range from minimal and limited to unacceptable.

According to the bill, the high-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures. In particular, generative AI tools, including ChatGPT and Midjourney, will be obliged to disclose any use of copyrighted materials in AI training.

Svenja Hahn, a member of the European Parliament, commented in response to the bills current status as a middle ground between too much surveillance and over-regulation that protects citizens, and foster innovation and boost the economy.

The bill, which is part of the EUs Artificial Intelligence Act, was proposed as draft rules nearly two years ago.

Related: Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data

In the same week, the European think tank Eurofi, composed of enterprises in the public and private sectors, released the latest edition of its magazine that included an entire section on AI and machine learning applications in finance in the EU.

The section included five mini-essays on AI innovation and regulation within the EU, particularly for use in the financial industry, all of which touched on the upcoming Artificial Intelligence Act.

One author, Georgina Bulkeley, the director for EMEA financial services solutions at Google Cloud, said in reference to the legislation: AI is too important not to regulate. And, its too important not to regulate well.

These developments come shortly after the EUs data watchdog voiced concern about the potential troubles AI companies in the United States will run into if they are not in line with its General Data Protection Regulations.

Magazine:Crypto regulation: Does SEC Chair Gary Gensler have the final say? #Business #Europe #AI #Copyrights #European Union #Regulation #ChatGPT

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Britain’s winter blackout risk the lowest in six years – but ‘tight’ days expected

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Britain's winter blackout risk the lowest in six years - but 'tight' days expected

Britain is at the lowest risk of a winter power blackout than at any point in the last six years, the national electricity grid operator has said.

Not since the pre-pandemic winter of 2019-2020 has the risk been so low, the National Energy System Operator (NESO) said.

It’s thanks to increased battery capacity to store and deploy excess power from windfarms, and a new subsea electricity cable to Ireland that came on stream in April.

The margins between expected demand and supply are now roughly three gas power stations greater than last year, the NESO said.

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Renewables overtake coal for first time

It also comes as Britain and the world reached new records for green power.

For the first time, renewable energy produced more of the world’s electricity than coal in the first half of 2025, while in Britain, a record 54.5% of power came from renewables like solar and wind energy in the three months to June.

More renewable power can mean lower bills, as there’s less reliance on volatile oil and gas markets, which have remained elevated after the invasion of Ukraine and the Western attempt to wean off Russian fossil fuels.

“Renewables are lowering wholesale electricity prices by up to a quarter”, said Jess Ralston, an energy analyst at the Energy and Climate Intelligence Unit (ECIU) thinktank.

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In a recent winter, British coal plants were fired up to meet capacity constraints when cold weather increased demand, but still weather conditions meant lower supply, as the wind didn’t blow.

Those plants have since been decommissioned.

But it may not be all plain sailing…

There will, however, be some “tight” days, the NESO said.

On such occasions, the NESO will tell electricity suppliers to up their output.

The times Britain is most likely to experience supply constraints are in early December or mid-January, the grid operator said.

The NESO had been owned by National Grid, a public company listed on the New York Stock Exchange, but was acquired by the government for £630m in 2023.

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Man Utd and chemicals boss warns of ‘moment of reckoning’ for his industry

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Man Utd and chemicals boss warns of 'moment of reckoning' for his industry

Sir Jim Ratcliffe, the co-owner of Manchester United and head of Ineos, one of Europe’s largest chemical producers, has staged an “11th-hour intervention” in an effort to “save” the chemical industry.

Sir Jim has called on European legislators to reduce price pressures on chemical businesses, or there “won’t be a chemical industry left to save”.

“There’s, in my view, not a great deal of time left before we see a catastrophic decline in the chemical industry in Europe”, he said.

The “biggest problem” facing businesses is gas and electricity costs, with the EU needing to be “more reactive” on tariffs to protect competition, Sir Jim added.

Prices should be eased on chemical companies by reducing taxes, regulatory burdens, and bringing back free polluting permits, the Ineos chairman and chief executive said.

It comes as his company, Europe’s biggest producer of some chemicals and one of the world’s largest chemical firms, announced the loss of 60 jobs at its acetyls factory in Hull earlier this week.

Cheap imports from China were said to be behind the closure, as international competition facing lower costs has hit the sector.

What could happen?

Now is a “moment of reckoning” for Europe’s chemicals industry, which is “at a tipping point and can only be saved through urgent action”, Sir Jim said.

European chemical sector output declined significantly due to reduced price competitiveness from high energy and regulatory costs, according to research funded by Ineos and carried out by economic advisory firm Oxford Economics.

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The report said the continent’s policymakers face a “critical” decision between acting now to safeguard “this vital strategic industry or risk its irreversible decline”.

As many as 1.2 million people are directly employed by chemical businesses, with millions more supported in the supply chain and through staff spending wages, the Oxford Economics report read.

Average investment by European chemical firms was half that of US counterparts (1.5%, compared to 3%), a trend which is projected to continue, the report added.

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Jays knock out Yankees, reach 1st ALCS since ’16

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Jays knock out Yankees, reach 1st ALCS since '16

NEW YORK — Vladimir Guerrero Jr. and George Springer each drove in a run, and eight Toronto pitchers shut down the New York Yankees in a 5-2 victory Wednesday night that sent the Blue Jays to the American League Championship Series for the first time in nine years.

Nathan Lukes provided a two-run single and Addison Barger had three of Toronto’s 12 hits as the pesky Blue Jays, fouling off tough pitches and consistently putting the ball in play, bounced right back after blowing a five-run lead in Tuesday night’s loss at Yankee Stadium.

AL East champion Toronto took the best-of-five Division Series 3-1 and will host Game 1 in the best-of-seven ALCS on Sunday against the Detroit Tigers or Seattle Mariners.

Those teams are set to decide their playoff series Friday in Game 5 at Seattle.

Ryan McMahon homered for the wild-card Yankees, unable to stave off elimination for a fourth time this postseason as they failed to repeat as AL champions.

Despite a terrific playoff performance from Aaron Judge following his previous October troubles, the 33-year-old star slugger remains without a World Series ring. New York is still chasing its 28th title and first since 2009.

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