Jul 12, 2023
Welcome to episode #129 of Eye on AI with
Alexandra
Geese. Navigating the complex waters of the European
Union’s AI Act is no simple task. Yet, that’s exactly what
Alexandra Geese, a member of the European Parliament, and I venture
to do in this conversation. Alexandra’s insights into the AI Act,
its four defined categories of AI applications, and its current
negotiation phase with the European Council and the European
Commission are illuminating. We delve into the Act’s essential
mission: ensuring AI serves humanity, while also exploring the
influence of powerful players in the AI industry on the EU’s
legislation.
As our journey deepens, we tackle a range of crucial issues
underpinning the Act. Alexandra and navigate through potential
economic implications for those who rely on copyright legislation,
and the risk of Europe falling behind in AI implementation if the
Act is too restrictive.
We also touch on the involvement of major American AI firms in the
Act’s finalization process, and implications for copyrighted
material.
We dive into the ongoing debates shaping the legislation and the
enforcement of the law, once passed. Alexandra shares her thoughts
on potential fines for violations, different AI zones, and the
possibility of the US following Europe’s lead in AI legislation. We
wrap up with a deep reflection on the environmental impact of AI,
the power held by few companies, and our collective responsibility
as AI reshapes the world.
(00:00) Preview
(00:52) Introduction
(03:10) Alexandra Geese background in digital legislation
(04:00) The AI act: the explanation and details
(08:00) The foundations of corporations for AI regulation
(13:00) Copyright regulation and impacts of creativity
(17:00) We need AI that serves humanity
(21:30) Are foundation models high risk to society?
(25:00) Should people be worried about investing in AI?
(30:45) What is dynamic AI regulation?
(36:10) What is the timeline for AI regulation?
(38:50) What penalties will be applied to AI regulation?
(44:30) Will US & EU merge on AI regulation?
(50:30) How to solve AI hallucinations
Craig Smith Twitter: https://twitter.com/craigss
Eye on A.I. Twitter: https://twitter.com/EyeOn_AI
Found is a show about founders and company-building that features the change-makers and innovators who are actually doing the work. Each week, TechCrunch Plus reporters, Becca Szkutak and Dom-Madori Davis talk with a founder about what it’s really like to build and run a company—from ideation to launch. They talk to founders across many industries and their conversations often lead back to AI as many startups start to implement AI into what they do. New episodes of Found are published every Tuesday and you can find them wherever you listen to podcasts.
Found podcast: https://podlink.com/found