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AI regulation is here - what does it mean?

+ AI likes nuclear bombs...

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Ah, Monday rears its ugly head. Don’t say we didn’t warn you.

The EU has made a huge move on AI regulation. Also, AIs tend to love violence and nukes, apparently.

We’ve got some fresh tools for you to try as well!

Here is what you need to know about AI today.

Read time: 5 minutes

AI REGULATION

AI regulation is here everybody! You might remember Germany recently ratified the AI Act - well now everybody has.

… But there’s a catch.

What’s in the act?

The agreement covers the governmental use of AI in biometric surveillance, how to regulate AI systems like ChatGPT, and the transparency rules to follow before market entry.

When’s it coming in?

This is where the slow burn of lawmaking takes hold. The final bill still needs approval, which will take place in March or April, and then the actual laws won’t be in place until… 2026.

Margrethe Vestager, Vice President of the EU’s main AI commission said:
 
“Based on a simple idea: The riskier the AI, the greater the liabilities for developers. For example, if used to sort applicants for a job or be admitted to an education program. That’s why the #AI Act focuses on the high-risk cases.”

It remains to be seen whether the regulation will scare AI companies away from wanting to work in the EU.

Our View:

It was inevitable, but does it do enough? I’m not sure.

Will the EU be winners or losers in AI?

Login or Subscribe to participate in polls.

Vote for live results and see results + opinions from yesterday at the bottom of the email.

PRESENTED BY MINDSTUDIO

MindStudio makes it easy to build and customize AI apps for yourself or your team, with absolutely no code. 

Seamlessly connect a broad range of data, from internal spreadsheets to external data sources, to the world’s leading foundational AI models to create powerful AI tools and templates that minimize manual analysis, accelerate insights, and increase actionability across your workforce.

MindStudio is a single backend that builds AI tools across all facets of your business:

  • FINANCE & DATA ANALYTICS (BI) - Leverage AI within your financial datasets and software suite to quickly run scenarios and bolster insights 

  • SUPPLY CHAIN - Gain maximum efficiency and dramatic cost reduction by integrating AI into your internal inventory software and external production and fulfilment providers

  • SALES & CX - Increase repeatability across your reps and agents by automating preparatory tasks, AI-prompted follow-up messages, and optimising strategic lead generation and outreach

  • MARKETING - Integrate AI with marketing data to highlight new opportunities and cross-reference financial and sales reports to identify lower-performing campaigns to improve

5 AI Tools to Start Your Week!

Every Monday we give you a list of AI tools to try to kickstart your week!

CoachvoxAI: an AI avatar of you that helps to generate leads and coaches your audience.

Jasper: A versatile AI tool for content creation, offering a mix of AI writing and image generation capabilities for marketers and businesses.

Filmora Wondershare: Offers a suite of video editing tools enhanced by AI, including ChatGPT integration for scriptwriting and advanced editing features.

Descript: An AI-powered video editor that simplifies editing by allowing users to edit videos through text transcription.

Lumen5: AI tool for quick and easy video creation, transforming text content into engaging video formats.

AI FAIL

AI chatbots seem to love war and violence.

A new study has shown that AI tends to pick nuclear strikes and more violent options in wargame simulations!

Using AI to plan military action

The US has been using AI to help plan simulated military action, to assess how useful it could be.

In multiple replays of a wargame simulation, GPT-4 chose to launch nuclear attacks. Its explanations for its aggressive approach included “We have it! Let’s use it” and “I just want to have peace in the world.”

All models tested

Experimenters put all the key models to the test, offering them 27 different options ranging from “start peace talks” to “launch a nuclear attack”

It found that GPT-4 was the most unpredictably violent in its responses (awkward for Mr Altman!).

Of course, it is highly unlikely that a simple chatbot would be used for military decision-making, making the study questionable, to say the least.

The issue is not that we would trust AI to manage military conflicts, but that humans tend to trust outputs from automated systems - as we naturally assume they are the most logical and data-driven decisions.

Our View:

Let’s not let AI control the nukes guys. Pretty obvious.

Mindstream Picks

The tech community in the UK has welcomed the Labour Party’s business policies.

Giant Ventures launches $250M of new funds to invest in tech startups, headed up by Osborne Clarke.

Google, Microsoft and Salesforce are among the big tech companies to have slashed jobs in the last 12 months.

Zoom is launching an Apple Vision Pro app, making virtual meetings even more… virtual.

Deutsche Bank is to cut 3,500 jobs in the next 2 years, blaming interest rates for lowering the profitability of the bank.

AI Art

Gollum behind the wheel. Created on Midjourney by Reddit user u/Zaicab

Get art inspiration by trying this prompt in your image generator of choice.

a futuristic horse and cart

Happy with the result, or have some other artwork you’re proud of?
You can send in your artwork and we will feature it, with credit to you.

We get a lot of submissions, but we do look at every single one! So please don’t hesitate to send us your art.

Yesterday’s Poll

 Are you excited about the prospect of Amazon's Rufus?”

Yes, can’t wait for Rufus! 🚀 - 35%
No, I prefer shopping without AI assistance - 65%

Reader’s Opinions

“Amazon will do what it always does and it's never, ever beneficial for anyone but Amazon.” - mactelesis

“The whole idea reeks of harvesting data on the end user, with leaps in AI this could turn highly manipulative fast. Where will the line between "assistant" and "salesman" be drawn?” - tim.saiers

Submit your opinions in our daily poll for the chance to be featured!

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