2023 has been a year of significant developments in the field of artificial intelligence. The increased demand for Nvidia shares and the rise in the value of AI-focused altcoins represented a critical period for investors. This year reflected the future role of artificial intelligence, and with the release of ChatGPT, reaching 1 million users within 5 days became an indicator of how quickly the internet can adopt new ideas.
With the growing interest in artificial intelligence, the value of AI-focused altcoins increased tenfold in 2023. In October, US President Biden signed a 63-page decree that is extremely important for the rest of the world in terms of artificial intelligence, addressing the risks of artificial intelligence.
A summit on artificial intelligence security was held in the United Kingdom, where a declaration emphasizing the responsibility of those who create language models was signed. The summit also called for the disclosure of safety policies from companies developing the most powerful AI models.
The EU Artificial Intelligence Act, which started in April 2021, reached its final stage in June 2023. Fundamental models trained using sufficient computational power will be defined as “high level” and will be subject to regulations such as transparency and cybersecurity requirements.
Next year, regulations are expected to mature even further. In June, US Senate Majority Leader Chuck Schumer stated that he would push Congress for a comprehensive cryptocurrency bill. In October 2023, UN Secretary-General António Guterres announced an artificial intelligence solidarity body that will publish reports for a new UN AI agency.