EU Parliament is right to regulate AI to ease anxiety says GoTo CEO

EU Parliament has taken the first stand against AI and voted in favour of regulation to generative AI systems like ChatGPT before commercial release.

Public fear around AI tools’ impact on technical jobs has continued, but these concerns make a key oversight in ignoring the need for human touch. AI and advanced machine learning need human perspective to run effectively, and organizations will face mounting pressures to keep pace with advancement without disenfranchising their workers.

Frameworks like the EU’s proposed AI Act and the Biden Administration’s AI Bill of Rights could ease public anxiety by protecting privacy and fostering a deeper understanding of how AI tools work by increasing transparency. Their development is the latest step in thinking about how to put the right guardrails in place around AI.