​EU's AI Act Set to Enforce Landmark Rules

On 21st May, 2024, EU countries endorsed Europe's groundbreaking AI regulations which will come into effect in June, potentially setting a global standard for AI governance.

Key Points

  • Comprehensive Regulation: EU's AI Act is more extensive than the US and China's approaches, emphasizing transparency and accountability.
  • Legislative Process: Endorsement came two months after lawmakers backed the AI legislation drafted by the European Commission in 2021.
  • Global Concerns: Rising worries about AI's role in misinformation and copyright issues prompt urgent action.
  • Transparency Obligations: The AI Act imposes strict transparency requirements on high-risk AI systems.
  • Restricted Use: Governments are restricted in using real-time biometric surveillance in ....

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