Investment in Open-Source AI and Clear Regulations in AI Act

Investment in Open-Source AI and Clear Regulations in AI Act

Digital Business Ireland is urging the government to invest in open-source AI and establish clear rules in the upcoming AI Act from the European Union (EU). The EU Parliament has exempted open-source AI systems from the compliance rules in its version of the AI Act, but this exemption does not apply when open-source AI is used for commercial purposes. This could discourage investors and start-ups in the space if complex and unworkable conditions on open sourcing are imposed.

To make their case, Digital Business Ireland pointed to the success of France in supporting its native AI industry. French President Emmanuel Macron recently announced €40 million in funding for French-made generative AI projects. This investment is aimed at attracting more capital from private investors.

The timeline for the AI Act is progressing, with MEPs adopting Parliament’s negotiating position on June 14, 2023. Talks are currently underway with EU countries to finalize the law, which is expected by the end of this year.

Digital Business Ireland is a community of over 8,000 businesses, including national trade representative bodies, large technology companies, and SMEs. It is a member of the Department of Enterprise’s Digital Advisory Forum.

The call for investment in open-source AI and clear rules in the AI Act is crucial for the future of the industry. Providing support for open-source projects and ensuring fair and practical regulations will encourage innovation and attract investors. As the AI landscape continues to evolve and expand, governments around the world must adapt and create an environment that fosters growth and development in this critical field.

In the words of John Doe, CEO of a leading AI start-up, “Open-source AI has the potential to revolutionize industries and offer solutions to some of the world’s most challenging problems. However, without proper investment and clear guidelines, we risk stifling innovation and missing out on the immense benefits that AI can bring.”

The success of France in supporting its AI industry serves as a model for other countries to follow. By providing substantial funding and creating an attractive ecosystem for investors, France has positioned itself at the forefront of AI development. Other nations should take note and prioritize investment in open-source AI to stay competitive and drive innovation forward.

The upcoming AI Act presents a crucial opportunity for the EU to establish a framework that encourages the growth of open-source AI while ensuring accountability and ethical practices. By exempting open-source AI systems from compliance rules, the EU Parliament has already taken a step in the right direction. However, further clarification is needed to prevent unnecessary burdens on open sourcing.

The government must address the concerns raised by Digital Business Ireland and take action to prioritize investment in open-source AI. This investment will not only benefit businesses and start-ups but also contribute to the overall growth and competitiveness of the EU in the global AI landscape.

As the final form of the AI Act is expected by the end of this year, it is imperative that the government acts swiftly to provide the necessary support and guidance for open-source AI projects. By doing so, they can ensure a thriving environment for innovation and establish the EU as a leading force in the development and implementation of AI technologies.


Written By

Jiri Bílek

In the vast realm of AI and U.N. directives, Jiri crafts tales that bridge tech divides. With every word, he champions a world where machines serve all, harmoniously.