Artificial Intelligence (AI) act: Council gives final green light to the first worldwide rules on AI

1 minute read / May 21, 2024

Today the European Council approved a ground-breaking law aiming to harmonise rules on artificial intelligence, the so-called Artificial Intelligence act. The flagship legislation follows a ‘risk-based’ approach, which means the higher the risk to cause harm to society, the stricter the rules. It is the first of its kind in the world and can set a global standard for AI regulation.

The new law aims to foster the development and uptake of safe and trustworthy AI systems across the EU’s single market by both private and public actors. At the same time, it aims to ensure respect of fundamental rights of EU citizens and stimulate investment and innovation on artificial intelligence in Europe. The AI act applies only to areas within EU law and provides exemptions such as for systems used exclusively for military and defence as well as for research purposes.

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