• Thu. Jun 20th, 2024


We Break the News

Artificial Intelligence: EU Finalizes Landmark Legislation

Machine learning reaction and ai artificial intelligence.Chat bot software network.big data and block chain system.Neuralink with smart brain.generative art

In a historic development, EU lawmakers have reached a political agreement on a comprehensive framework to regulate artificial intelligence (AI), marking a global first.

The deal, finalized after extensive negotiations, introduces a risk-based approach to AI regulation. It includes prohibitions on AI applications like biometric categorization based on sensitive characteristics, untargeted scraping for facial recognition databases, and emotion recognition in workplaces and educational institutions.

Strict safeguards limit law enforcement’s use of remote biometric identification, requiring judicial authorization for specific situations.

The legislation also addresses high-risk and general-purpose AIs and imposes obligations on AI systems that could potentially harm health, safety, or fundamental rights.

It introduces mandatory impact assessments for high-risk sectors, transparency requirements, and regulatory sandboxes for startups.

Penalties for non-compliance are significant, with fines up to €35 million or 7% of global turnover.

The law, which excludes military applications and non-professional AI use, aims to balance innovation with fundamental rights and European values.

Formal adoption of the final text is expected soon, with phased enforcement commencing as early as 2026.

Source: The Deep View

By News Editor

Our News Editor, Muyiwa is an information management expert and Development Blogger with more than a decade experience in investigative reporting and journalism. He is passionate about human angle stories to all social issues in Nigeria and Africa.