November 2, 2024

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EU reaches agreement on AI regulations |  News

EU reaches agreement on AI regulations | News

“OK!”, wrote the French Internal Market Commissioner on X (formerly Twitter) on Friday evening. The “political agreement” revolves around legislation to regulate AI systems like ChatGPT.

European member states want to protect their emerging AI players. Frenchman Breton confirms that the legislation constitutes a starting point for European startups and researchers “to be at the forefront of the artificial intelligence race.”

The new European AI law classifies AI applications by risk. The more risks the app poses, the stricter the rules become. More dangerous systems, such as Chinese-style citizen tracking systems that reward or punish citizens for their behavior, will be banned.

Negotiators had long argued over facial recognition AI, which Parliament wanted to ban, but member states wanted to allow in places that served security. They have now been given the space to do so, but with restrictions.

The European Union wants to be the first in the world to provide itself with a comprehensive legal framework to limit the misuse of AI while at the same time ensuring innovation. It is possible that the new rules, if officially adopted early next year, could come into effect sometime in 2026.

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