Meta says it won’t sign Europe AI agreement, calling it an overreach

Not just Meta, 40 EU companies urged EU to postpone roll out of the ai act by two years due to it's unclear nature. This code of practice is voluntary and goes beyond what is in the act itself. EU published it in a way to say that there would be less scrutiny if you voluntarily sign up for this code of practice. Meta would anyway face scrutiny on all ends, so does not seem to a plausible case to sign something voluntary.

One of the key aspects of the act is how a model provider is responsible if the downstream partners misuse it in any way. For open source, it's a very hard requirement[1].

> GPAI model providers need to establish reasonable copyright measures to mitigate the risk that a downstream system or application into which a model is integrated generates copyright-infringing outputs, including through avoiding overfitting of their GPAI model. Where a GPAI model is provided to another entity, providers are encouraged to make the conclusion or validity of the contractual provision of the model dependent upon a promise of that entity to take appropriate measures to avoid the repeated generation of output that is identical or recognisably similar to protected works.

[1] https://www.lw.com/en/insights/2024/11/european-commission-r...

Lovely when they try to regulate a burgeoning market before we have any idea what the market is going to look like in a couple years.

The whole point of regulating it is to shape what it will look like in a couple of years.

Regulators often barely grasp how current markets function and they are supposed to be futurists now too? Government regulatory interests almost always end up lining up with protecting entrenched interests, so it's essentially asking for a slow moving group of the same mega companies. Which is very much what Europes market looks like today. Stasis and shifting to a stagnating middle.

So the solution is to allow the actual entrenched interests to determine the future of things when they also barely grasp how the current markets function and are currently proclaiming to be futurists?