
European Union Agrees on Landmark Regulations for Artificial Intelligence
European Union policymakers sealed a historic deal on Friday, finalizing the AI Act, a world-first sweeping regulation for artificial intelligence (AI). The landmark legislation establishes a comprehensive regulatory framework, addressing the risks associated with the rapid evolution of AI technology. Proposed in 2021, the framework classifies AI uses by risk levels, implementing stricter regulations on higher-risk applications. Roberta Metsola, the president of the European Parliament, characterized the law as “a balanced and human-centered approach” that is poised to “no doubt be setting the global standard for years to come.” The law comes amid growing fears about the disruptive capabilities of AI. Having been cleared by the EU, the law will go to the European Parliament for approval and is expected to pass....
