Posted 3/13/2024, 11:36:42 AM
EU Adopts Landmark AI Act to Ensure Safety and Innovation While Banning High-Risk Uses
- The EU has adopted a landmark Artificial Intelligence Act to ensure AI safety, compliance with rights, and boost innovation.
- Bans certain high-risk AI applications like social scoring, manipulation, and unfettered facial recognition.
- Obligations for high-risk systems to assess/reduce risks and ensure transparency.
- Measures to support innovation like regulatory sandboxes for SMEs and startups.
- Enters into force in 20 days, with different implementation timelines - bans in 6 months, high-risk systems in 36 months.