The United States and European Union to investigate AI powering systems

Europe has led the world in efforts to regulate artificial intelligence, which gained urgency with the rise of a new breed of artificial intelligence that gives AI chatbots like ChatGPT the power to generate text, images, video and audio that resemble human work. European Union consumer protection groups urged regulators on Tuesday to investigate the type of artificial intelligence underpinning systems like ChatGPT, citing risks that leave people vulnerable and the delay before the bloc’s groundbreaking AI regulations take effect. A transatlantic coalition of consumer groups also wrote to U.S. President Joe Biden asking him to take action to protect consumers from possible harms caused by generative AI. Should the generic AI be banned completely ?