The EU is the FIRST Continent in The World to Enforce AI Regulation: and They Do NOT Dissapoint.
The European Union (EU) has reached a groundbreaking agreement on new legislation to regulate artificial intelligence (AI), marking a significant step in establishing comprehensive standards for AI use. This landmark legislation, known as the "AI Act," is being hailed as a pioneering move that could set a global benchmark for how AI is governed. Here are some key aspects of the new EU AI regulations: Scope and Categories: The AI Act introduces a categorization system for AI applications based on their perceived societal risk, dividing them into four categories: minimal, limited, high, and banned risks. This classification system will guide how different AI applications are regulated. Banned and High-Risk Uses: Certain uses of AI will be prohibited, such as those that bypass user consent, target protected social groups, or involve real-time biometric tracking, including facial recognition. High-risk uses include AI applications in critical infrastructure, education, legal mat