Where is the EU going with AI Regulation?

GovInfoSecurity.com reported these comments from “Dutch member of the European Parliament Kim van Sparrentak also characterized Altman as attempting to blackmail European regulators” that "If OpenAI can't comply with basic data governance, transparency, safety and security requirements, then their systems aren't fit for the European market,…”  The May 26, 2023 article entitled " OpenAI CEO Altman 'Blackmails' EU Over AI Regulation” (https://tinyurl.com/2pxe4ks4) included these comments:

ChatGPT will continue to operate inside the European Union for now despite warnings from OpenAI CEO Sam Altman that he's prepared to pull out from the bloc if he doesn't like artificial intelligence regulations being prepared in Brussels.

Altman, who's been on a tour of European capitals, told reporters in London on Thursday that he's dubious of the Artificial Intelligence Act regulation on track for enactment in the coming year.

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