"Europe Takes Action to Regulate AI and Online Algorithms"

European lawmakers are calling for political action to control the development of advanced A.I. systems, which they say are developing faster than anticipated. The EU is closing in on a finished draft of the Artificial Intelligence Act, a landmark piece of legislation meant to regulate A.I.'s capacity to do harm. The bill will likely not be enacted until next year, but it brings new powers to regulators to deal with A.I. applications and expands lawmakers' capacity for handing out fines and measuring the risk of controversial A.I. activities like "social scoring."