Sure, not everything that was touched by a Eurocrat will grow wings and turn into a legislation with the "Brussels effect", but I would think that in the case of AI (just like privacy), the EU will set standards. It seems that it is simply to costly to develop different models for different jurisdictions and that the strictest regulatory regime will therefore set the baseline. Of course, you might say "companies will just leave the EU" and that may well be the case for certain use cases (some HR systems for example) but there is not indication that LLMs are not striving to become compliant with EU regulation.
I thought U.S was a Beacon of hope for nurturing the infant AI Industry , however, you reason it out as lagging cousin, behind Europe. You might be right, although I felt VC eco system not amicable, visible and risk taking type in that continent.
Sure, not everything that was touched by a Eurocrat will grow wings and turn into a legislation with the "Brussels effect", but I would think that in the case of AI (just like privacy), the EU will set standards. It seems that it is simply to costly to develop different models for different jurisdictions and that the strictest regulatory regime will therefore set the baseline. Of course, you might say "companies will just leave the EU" and that may well be the case for certain use cases (some HR systems for example) but there is not indication that LLMs are not striving to become compliant with EU regulation.
I thought U.S was a Beacon of hope for nurturing the infant AI Industry , however, you reason it out as lagging cousin, behind Europe. You might be right, although I felt VC eco system not amicable, visible and risk taking type in that continent.
The US is not the lagging cousin at all! This post was more meant analyse what's happening in Europe.