“ChatGPT maker may leave Europe if” CEO’s clear remark on regulations

Just four months have passed since OpenAI, a company that develops artificial intelligence, released ChatGPT, which, without overstating its significance, altered the course of history. What is ChatGPT-4?

OpenAI CEO Sam Altman stated on Wednesday that the ChatGPT manufacturer may consider leaving Europe if it is unable to comply with the European Union’s future artificial intelligence (AI) regulations.

The EU is developing what could be the world’s first set of laws to control AI. Companies using generative AI tools, such as ChatGPT, will be required to reveal any copyrighted information used to construct their systems as part of the regulations in Europe.

Before considering a withdrawal, Altman stated at a London event that OpenAI will endeavor to comply with European regulations when they are finalized.

“The current draft of the EU AI Act would be over-regulating, but we have heard it’s going to get pulled back,” he told Reuters. “They are still talking about it.”

The EU parliamentarians reached common ground on the draft of the act earlier this month. It will now be debated between the representatives of the Parliament, the Council, and the Commission to thrash out the final details of the bill.

“There’s so much they could do like changing the definition of general-purpose AI systems,” Altman said. “There’s a lot of things that could be done.”

A General Purpose AI System is a legislatively proposed category for AI tools that have more than one use, such as generative AI models like Microsoft-backed ChatGPT.

Also read: Top 10 best ChatGPT Chrome Extensions

ChatGPT is an artificial intelligence chatbot developed by OpenAI and released in November 2022. The name “ChatGPT” combines “Chat”, referring to its chatbot functionality, and “GPT”, which stands for generative pre-trained transformer, a type of large language model.

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