EU Approves Landmark AI Act to Regulate High-Risk AI Systems, After Debate Over ChatGPT Rules
• EU countries approve technical details of AI Act, the world's first attempt to regulate AI • Act establishes risk-based approach to regulating AI systems, with stringent rules for high-risk systems • France skeptical about regulating ChatGPT and other "foundation models" but ultimately approves text • ChatGPT sparks global debate about regulating chatbots and AI systems • After approval by EU Parliament, act expected to enter into force later this year with 1-3 year implementation period