The European Union is currently developing a potential global precedent for regulating AI. According to the proposed regulations, businesses that utilize generative AI technology (such as ChatGPT) must reveal any copyrighted materials that were used in the creation of their systems. On Wednesday, OpenAI CEO Sam Altman stated that the maker of ChatGPT would consider leaving Europe if it could not meet the artificial intelligence (AI) regulations set by the European Union.

During an event in London, Altman stated that OpenAI will make efforts to comply with European regulations before considering withdrawing.

“The current draft of the EU AI Act would be over-regulating, but we have heard it’s going to get pulled back. They are still talking about it.”

Earlier this month, the EU parliamentarians came to an agreement on the draft of an act. The bill will now be discussed among the Parliament, Council, and Commission representatives to finalize its details.

“There’s so much they could do like changing the definition of general purpose AI systems. There’s a lot of things that could be done.”

A General Purpose AI System is a category suggested by lawmakers to include AI tools with more than one application, such as generative AI models like Microsoft-supported ChatGPT.