The EU’s AI Act is set to enter force next month after receiving a final rubber-stamp from the European Council. Ministers today endorsed a political deal on the landmark law, billed as the world’s first comprehensive rules on AI. The law applies a risk-based approach to regulation. The strictest restrictions only apply to “high-risk” systems, from cars to law enforcement tools. Deployments designated “unacceptable” — such as social credit scoring — will be banned altogether. Although the EU set these rules, they will apply to any company that provides services or products within the bloc. That’s caused alarm in Silicon…
This story continues at The Next Web
https://thenextweb.com/news/eu-approves-ai-act-2
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May 21, 2024, 5:10:05 PM
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