EU agrees ‘historic’ deal to regulate AI

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On December 8th, negotiators from the European Parliament and Council reached a provisional agreement regarding the Artificial Intelligence Act (AI Act). The regulation functions with one major goal in mind – to ensure democracy, rule of law, fundamental rights and environmental sustainability are snuggly guarded from high-risk AI systems, while also spurring innovation and setting Europe up as a leader in the AI field.

The law sets up an obligation, depending on potential risk and the impact of an (AI) application. European Commissioner and responsible entity for a suite of AI laws synonymous with social media and search engines, Thierry Breton, praised the agreement calling it “historic.” He also went on to communicate there is more to come!

In order to a/effect the deal, a thirty-seven hour session was initiated between the European Parliament and Member states. Brando Benefreceived co-commended the parliament’s resolving team for their consistency to maintain instrumental focus on rights and freedoms onboarding the developmental measures of what’s termed as future shocking technology.

Similarly, Romanian MEP DragoșTudorache guided the development coupled with his allegory on how the innovative new AI Act offered franchises of systemic safety from misuse of big AI models from authorities. He followed that with articulation concerning industrial postponers citing upcoming updates have been hampering project flow amongst EU start-ups and biologists.

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