AI REGULATION CHRONICLES (1) Background: from Watson to AlphaGoZero and into the weird world of ChatGPT
This is the first blog in our 2023 series “ AI Regulation Chronicles ”. We do not see ourselves as technical experts on Artificial Intelligence, but rather analysts with long and deep experience in technology regulation issues such as Sarbanes-Oxley, “data sovereignty” and of course protection of personal data and privacy, Many say that 2023 will be the year of Large Language Models like ChatGPT with great potential for good but also numerous risks today and tomorrow. We agree, but also think that 2023 will be the year for serious regulation on both sides of the Atlantic of high potential, high risk Artificia l Intelligence. Our main focus will be on Europe and the EU AI ACT, the world's first attempt at comprehensive AI regulation. The new EU law was originally planned for April 2023, but the arrival and rapid widespread adoption of ChatGPT was a game changer and the Act is now expected towards year end 2023. We will also follow the AI regulation efforts just getting started