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Global Tech Industry

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technology2 years ago

EU passes groundbreaking AI regulation, challenging tech industry power.

The European Parliament has approved the EU AI Act, the first comprehensive regulations for artificial intelligence (AI) in the West. The rules will bring generative AI tools under greater restrictions and require developers to submit their systems for review before releasing them commercially. The Parliament also upheld a ban on real-time biometric identification systems and "social scoring" systems. The laws have implications for developers of generative AI models, such as Microsoft-backed OpenAI's ChatGPT and Google's Bard. The next stage is for negotiators at EU institutions and 27 member states.