France, Germany, and Italy have reached an agreement on regulating artificial intelligence (AI), with a joint paper outlining their approach. They advocate for “mandatory self-regulation through codes of conduct” for foundation models of AI, which are designed to produce diverse outputs. However, they oppose untested norms. The focus of their proposal is on regulating the application of AI rather than the technology itself, highlighting that inherent risks lie in its application.
Developers of foundation models would need to define model cards, providing information about the model’s functionality, capabilities, and limitations based on best practices within the developer community. An AI governance body could develop guidelines and monitor model card applications. Initially, no sanctions would be imposed, but a system of sanctions could be established if code of conduct violations are identified later.
Source and more information: Website Reuters
