Why I’m afraid that European legislation on generative algorithms is going to repeat the mistakes of the past
Here’s a difficult question, but one we’re going to have to answer very soon: how are we going to regulate generative algorithms and machine learning, and how will this affect competition and the marketplace?
Regulatory processes are already underway in the United States following the irruption of generative algorithms like OpenAI, which following Silicon Valley’s move-fast-and-break-things approach, launched two products, Dall-E and ChatGPT.
It’s worth taking the three hours required to watch OpenAI co-founder Sam Altman, together with IBM’s Chief Privacy and Trust Officer Christina Montgomery and NYU Professor Emeritus of Psychology Gary Marcus, appear before the US Congress, and compare it with the legislative process that has led to the development of the draft European regulation that aims to regulate the same technology.
In the United States, there seems a genuine effort to improve the technological literacy of Congress members: the committee…
