The introduction of #ai #chatgpt has stirred discussions about AI regulation. The controversy over classifying systems like ChatGPT as "high-risk" AI under #euaiact has sparked concerns. This paper explores how Large Language Models (#llms) such as ChatGPT are shaping AI policy debates and delves into potential lessons from the #gdpr for effective regulation.
“... we provide evidence that setting the risk-weighted ratio at 15\% and the simple leverage ratio at 10% would significantly decrease the probability of default without hampering banks' activities.”
The study investigated how ChatGPT and Bard categorize investor risk profiles compared to financial advisors. While there were no significant differences in the risk scores assigned by the chatbots an
The paper suggests that companies developing high-risk AI systems should demonstrate their safety before deployment, arguing for proactive risk management. It proposes a risk management approach where