STOCKHOLM, June 30 (Reuters) - The proposed EU Artificial Intelligence legislation would jeopardise Europe's competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault (RENA.PA) to Meta (META.O).
EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose AI-generated content, help distinguish so-called deep-fake images from real ones and ensure safeguards against illegal content.
Since ChatGPT became popular, several open letters have been issued calling for regulation of AI and raising the "risk of extinction from AI."
The third, Yann LeCun, who works at Meta, signed Friday's letter challenging the EU regulations.
The letter warned that under the proposed EU rules technologies like generative AI would become heavily regulated and companies developing such systems would face high compliance costs and disproportionate liability risks.
Persons:
ChatGPT, Elon Musk, Sam Altman, Geoffrey Hinton, Yoshua, Yann LeCun, OpenAI's Altman, Supantha Mukherjee, Jamie Freed
Organizations:
EU Artificial Intelligence, Renault, EU, Meta, Spanish, Thomson
Locations:
STOCKHOLM, French, Europe, Stockholm