The media reported that three EU countries, including Italy, Germany, and France, have reached an agreement on issues that form the basis of the content of the concept of the regulation of artificial intelligence.

Journalists call the specified interstate understanding a step that, in their opinion, should speed up the process of negotiations on issues related to the rules for monitoring the development and dissemination of advanced technology.

The media, citing a joint document of officials from Germany, France, and Italy, report that these countries declare the need for voluntary, but at the same time mandatory standards of activity for suppliers of machine intelligence in the EU. Probably, in this case, the concept of voluntariness has a formal character and from the point of view of practical applying is not characterized by any significance. At the same time, it can be assumed that this somewhat paradoxical formulation will be clarified later.

The German Secretary of State for Economic Affairs, Franziska Brantner, in a comment to the media, said that a had been developed a proposal that could ensure a balance of interests in terms of the specifics of the technology industry and the legal sphere.

The European Parliament in June unveiled the AI Act, which is designed to prevent potential risks associated with artificial intelligence and simultaneously benefit from the use of digital thinking systems. As part of the negotiations on this issue, local legislators proposed a code of conduct that sets standards for the activities of large suppliers of machine intelligence, most of which are based in the United States.

The governments of Germany, Italy, and France were skeptical about this initiative, noting that the mentioned decision could potentially create favorable conditions for small European companies, but in the future, it could reduce the level of trust in these firms and provoke negative consequences for customers. For these reasons, the joint document of the countries that did not agree with the idea of the code proposed by the European Parliament calls for rules of conduct and transparency that are binding on everyone. Also, this initiative of France, Italy, and Germany provides for the absence of any responsibility for violations of the norms at an early stage of their implementation. The document proposes to apply measures of influence over time against companies that ignore the norms of activity.

The founder and CEO of AI-ID, Shaunt Sarkissian, in November, during a conversation with media representatives, described AI Act as a little myopic. In his opinion, this initiative was blurred by the European general data protection regulation. He also said that was encouraged by the White House decree on artificial intelligence, especially the emphasis on the highest standards and safety recommendations. Separately, Mr. Sarkissian positively noted the commitment of the American initiative to identify content created by advanced technology.

Shaunt Sarkissian says that the balance of regulation and innovation in the artificial intelligence industry can be achieved after recognizing the fact that this technology is in a state of development, but many of its use cases comply with the already existing regulatory framework.

As we have reported earlier, JPMorgan Cooperates With US Regulators on Creating AI Projects.