This Week in Generative AI – 1st to 7th December

G7 agrees on first comprehensive guidelines for generative AI

• The G7 digital and technology ministers have agreed on the world’s first comprehensive international guidelines for generative artificial intelligence (AI).
• The guidelines, which apply to both developers and users, aim to tackle issues like misinformation.
• They are expected to be approved in a virtual summit in early December.

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EU nears deal to regulate ChatGPT, other AI tech in landmark act

• The European Union (EU) is nearing a deal to regulate artificial intelligence (AI) tools like OpenAI’s ChatGPT and Google’s Bard.
• The proposed AI Act would make the EU the first government outside Asia to establish firm rules for such technology.
• The legislation would require AI developers to maintain information on model training, copyrighted material use, and label AI-generated content.

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Singapore aims to become where world’s best AI talents gather under renewed adoption strategy

• Singapore has unveiled its second national AI strategy (NAIS 2.0), aiming to become a hub for global AI talent and startups.
• The strategy, which will be continually reviewed, outlines plans to build a thriving AI ecosystem, develop the workforce, and provide infrastructural capacity.
• It also seeks to foster AI innovation while protecting users.

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Bank of England set to examine risks posed by artificial intelligence

• The Bank of England will investigate the financial stability risks posed by artificial intelligence (AI) and machine learning.
• The move comes as AI use becomes more widespread in the financial sector, with implications for economic growth and productivity.
• The bank’s financial policy committee will consider the risks in 2024, aiming to ensure the UK financial system’s resilience.

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Beijing court rules first case of infringement on a generative AI picture

• A Beijing court has ruled on China’s first copyright infringement case involving a picture created with generative AI software.
• The court emphasized the creator’s involvement and aesthetic choices, but warned against assuming all AI-generated works have copyright.
• The defendant was ordered to apologize and pay the plaintiff 500 yuan ($70.16) in damages.

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