With the AI Act now receiving formal approval, it is anticipated to be the world's first comprehensive legal framework aimed specifically at managing the complexities of artificial intelligence.
In Brief
The European Parliament has collectively endorsed the AI Act, which aims to establish standards for AI technology.
This landmark legislation is set to create a comprehensive framework for artificial intelligence on a global scale, setting a precedent for other nations to follow.
The recently sanctioned amendments mandate that foundational AI models undergo rigorous safety evaluations, implement appropriate data governance strategies, and actively mitigate risks before they can enter the market.
European lawmakers have moved closer to regulating AI tools Following a collaborative effort from the European Parliament’s committees on civil liberties and internal market, stricter regulations have been put in place to ensure the safety and ethical use of AI technologies. AI Act The regulations, set to be ratified in a plenary session in mid-June, garnered support from the committees who also backed a series of provisions requiring foundational model developers to enforce safety precautions, data management protocols, and risk assessment strategies prior to product launch.
Developers of foundational models are not only required to commit to minimizing energy consumption and resource utilization, but must also register their systems with an EU database and consider potential risks associated with health, public safety, fundamental rights, environmental impact, democracy, and adherence to the rule of law. Additionally, the list of prohibited AI applications has been broadened to cover manipulative and discriminatory uses.
The legislation explicitly forbids technologies that carry the potential to cause harm, particularly those utilizing coercive tactics or social credit scoring. Definitions have also been refined to include AI models used for biometric classification, predictive law enforcement, and the construction of facial recognition databases. Moreover, the deployment of emotion recognition technology is strictly banned in realms like law enforcement, border management, workplace settings, and educational contexts.
The EU's move to implement overarching AI regulations reflects Brussels' dedication to ensuring that innovation does not come at the expense of consumer safety. The AI Act is on track to become a milestone in available legislation on artificial intelligence globally.
Once this bill is enacted, affected entities will have a transitional period of roughly two years to align themselves with the new regulations.
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Disclaimer
In line with the Trust Project guidelines Agne is a dedicated journalist focusing on the latest advancements and trends in the metaverse, artificial intelligence, and Web3 sectors for the Metaverse Post. Her enthusiasm for storytelling drives her to conduct in-depth interviews with various industry experts, aiming to unveil captivating and meaningful narratives. Agne holds a Bachelor's degree in literature and has extensive experience writing across a diverse array of subjects, including travel, culture, and the arts. In addition, she has volunteered as an editor for an animal welfare organization, promoting awareness of animal rights issues. You can reach her at
