The EU Just Passed Sweeping New Rules to Regulate AI
The EU Just Passed Sweeping New Rules to Regulate AI

The EU Just Passed Sweeping New Rules to Regulate AI

  • The European Union has passed the AI Act, a comprehensive set of rules for regulating artificial intelligence.

  • The law includes bans on biometric systems that identify people using sensitive characteristics such as sexual orientation and race, as well as the indiscriminate scraping of faces from the internet.

  • Transparency requirements for all general purpose AI models, including OpenAI's GPT-4, were also included.

  • Companies that do not comply with the rules can be fined up to 7 percent of their global turnover.

  • The law will take effect in stages over the next two years, with bans on prohibited AI in six months and transparency requirements in 12 months.

  • The EU aims to set a global standard for AI regulation and ensure the safety and fundamental rights of people and businesses

Source: https://www.wired.com/story/eu-ai-act/

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