Regulators struggle to address challenges posed by generative AI and flawed EU AI Act.

TL;DR Summary
Regulators are adapting existing laws to control generative AI technology like OpenAI's ChatGPT, which has raised privacy and safety concerns. Pending new laws, regulators are relying on existing rules covering everything from copyright and data privacy to the data fed into models and the content they produce. The European Union is at the forefront of drafting new AI rules that could set the global benchmark to address these concerns. However, it will take several years for the legislation to be enforced.
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