european-parliament-adopts-the-worlds-first-law-on-ai-regulation

European Parliament adopts the world's first law on AI regulation

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The EU has adopted a law on artificial intelligence that will regulate basic models or generative artificial intelligence, UNN reports citing Reuters.

Today, the EU has adopted the world's first "Artificial Intelligence Law" restricting the use of real-time biometric surveillance in public places. This can only be used in cases of certain crimes, to prevent threats such as terrorist attacks, and to search for suspects in serious crimes.

The new rules include requirements for transparency and compliance with EU copyright laws for high-impact, general-purpose models and high-risk artificial intelligence systems. The decision was supported by 523 EU lawmakers, with 46 against and 49 abstentions.

"I welcome the European Parliament's overwhelming support for the EU Artificial Intelligence Act, the world's first comprehensive, binding framework for trustworthy artificial intelligence. Europe is now the global standard-setter for trustworthy artificial intelligence," said EU Industry Chief Thierry Breton.

EU countries plan to officially approve the agreement in May. The legislation is expected to enter into force early next year and come into effect in 2026. However, some provisions may come into effect earlier.

Patrick Van Ecke, partner at Coole Law Firm, says Brussels may have set a benchmark for the rest of the world.

"The European Union now has the world's first hard-coded AI law. Other countries and regions will likely use the AI Law as a blueprint, as they did with the GDPR," he said, referring to the EU's privacy regulations.

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