European Parliament Adopts Historic AI Act, Pioneering Digital Ethics and SME Support
March 15, 2024The European Parliament has passed the AI Act, introducing regulation for artificial intelligence within the EU.
The legislation adopts a risk-based framework, applying stricter controls to AI applications considered high-risk.
Certain AI technologies are expressly prohibited, including predictive policing based on profiling and facial recognition using internet images.
The AI Act includes measures to support European SMEs in the development and testing of AI.
The Act now awaits the final approval from the Council of the European Union before it can be implemented.
In contrast to the EU's progress, AI legislation proposals in Argentina and Latin America have not yet advanced in their respective congresses.
Summary based on 5 sources
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Sources
Global Times • Mar 14, 2024
EU’s AI law tackles potential risks, ‘could add costs for tech companies entering EU market’