The European Union Reaches Historic Agreement on Artificial Intelligence Regulation
After 38 hours of negotiations, the European Union has made a groundbreaking decision to introduce a landmark law that restricts the use of artificial intelligence. This ‘AI Act’ represents the EU’s pioneering effort to legalize and regulate the use of AI, setting a global precedent. European Union President Ursula Vonder Leyen emphasized that this legislation will provide a legal framework for the development of AI that inspires trust in its impact on humanity.
The law encompasses guidelines for the responsible use of AI in biometric surveillance systems, as well as the regulation of ChatGPIT, an AI-powered multitasking assistant. In order to bring public AI systems like ChatGPT to market, they must adhere to transparency standards and comply with EU copyright laws, providing detailed descriptions of the content used to train the AI. Additionally, real-time biometric surveillance for serious crimes, such as terrorism, is the only permissible usage directed by governments.
One key aspect of the ‘AI Act’ is the inclusion of a redressal mechanism for AI-related complaints, along with significant financial penalties for companies found in violation of its terms, ranging from 7.5 million to 35 million euros.
BRUSSELS – The European Union has decided to introduce a landmark law that limits the use of artificial intelligence. After 38 hours of negotiations, representatives and policy makers of the European Union (EU) reached an agreement to proceed with the ‘AI Act’. The EU’s attempt to legalize artificial intelligence (AI) is a world first. European Union President Ursula Vonder Leyen said that this will be the legal framework to develop AI in a way that humanity can trust.
The law includes guidelines for governments to use AI for biometric surveillance systems. It will also be controlled by ChatGPIT, an AI-powered multi-tasking assistant.
EU law requires ChatGPT and other public AI systems to meet transparency standards before coming to market. It is also required to comply with EU copyright laws and transmit a detailed description of the content used to train the AI. Governments should only use real-time biometric surveillance in relation to more serious crimes such as terrorism.
Another feature of the Act is the prescription of a redressal mechanism for AI-related complaints. Companies violating the terms will have to pay fines ranging from 75 lakh euros to 3.5 crore euros.
English Summary:
The European Union agrees on a landmark deal on the regulation of artificial intelligence
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