Consumer groups in the EU urge AI investigations.

Consumer protection groups from the European Union (EU) have urged regulators to investigate the artificial intelligence (AI) models behind popular chatbots. The groups are concerned about the risks and vulnerabilities to consumers posed by generative AI. They have issued a warning to their national consumer, data protection, competition, and product safety authorities. They have also written to United States President Joe Biden with similar concerns regarding potential harm to consumers at the hands of generative AI. The groups are urging leaders to utilize existing legislation and bring in new laws to address AI concerns. The warnings come shortly after regulators in the EU passed their monumental AI Act on June 14. In the United States, officials are also mulling over regulations targeting AI. Regulators in the United Kingdom have called for regulations surrounding AI to be on the same level as medicine and nuclear power.

Related: AI has a ‘symbiotic relationship’ with blockchain: Animoca Brands CEO

Magazine: AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more

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