EU member states approve world-first AI law

Key Points:

  • European Union’s member states approved world’s first comprehensive AI regulation
  • The AI Act aims to make AI safe and respect fundamental rights in the EU
  • US slower to regulate AI, while China has new rules but lacks a comprehensive law

Summary:

The European Union has approved the world’s first comprehensive AI regulation, known as the AI Act, after negotiations among all 27 member states. France, Germany, and Italy had reservations, with France being the last holdout before finally agreeing to the deal.

 

The AI Act aims to provide harmonized rules for artificial intelligence while ensuring safety and respect for fundamental rights in the EU, potentially giving the bloc a competitive edge globally.

 

Despite the approval of the AI Act, concerns remain about potential changes to the law and fears of inhibiting innovation. Stakeholders emphasize the importance of transparent guidelines and governance to ensure compliance and drive real change in AI development.

DAILY LINKS TO YOUR INBOX

PROMPT ENGINEERING

Prompt Engineering Guides

ShareGPT

 

©2024 The Horizon