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World’s first major act to regulate AI passed by European lawmakers
CNBC March 13, 2024
Key Points
– The European Union’s parliament on Wednesday approved the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.
– Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from “unacceptable” — which would see the technology banned — to high, medium and low hazard.
– The regulation is expected to enter into force at the end of the legislature in May, after passing final checks and receiving endorsement from the European Council.
The European Union’s parliament on Wednesday approved the world’s first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.
The...
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