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The EU is setting a global precedent with a comprehensive law regulating artificial intelligence.

The law, the first of its kind in the world, aims to both promote innovation and ensure the protection of human rights.

Date: 2024-03-15 Author: Łukasz Michałek
The EU is setting a global precedent with a comprehensive law regulating artificial intelligence.

The European Union has once again set a global precedent by adopting the Artificial Intelligence Act, a key part of the complex legislation governing artificial intelligence.

On Wednesday, ministers in the European Parliament passed the Artificial Intelligence Law with 523 votes in favor, 46 against and 49 abstentions.

The law provides a targeted regulatory approach to some of the most serious artificial intelligence problems that exist today.

First, the bill completely prohibits the use of artificial intelligence in certain cases that could threaten civil rights, such as biometric categorization systems “based on sensitive characteristics” and “untargeted retrieval of facial images from the Internet or CCTV footage to create a facial recognition database.”

The bill also bans social rating, emotional recognition at work and school, and any application that manipulates or exploits human behavior and vulnerabilities.

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Law enforcement agencies may use real-time biometric systems with prior authorization “in exhaustively listed and narrowly defined situations,” provided their deployment is limited in both time and geographic location.

In high-risk areas such as critical infrastructure, education and vocational training, employment, basic services (such as healthcare and banking), law enforcement, migration and border management, justice and democratic processes, rigorous standards of transparency, oversight and reporting are required.

Similar conditions apply to general-purpose artificial intelligence. Companies must respect copyright in Europe and publish training materials. More successful general-purpose models may require additional research and reports.

In addition, every citizen has the right to complain about artificial intelligence systems and get answers about any system that makes decisions that affect their rights. Moreover, content creators must clearly identify “deepfakes,” i.e., artificial or manipulated images, audio or video files.

Artificial intelligence law from now on

The Artificial Intelligence Law has still not been officially passed. According to Wednesday’s announcement, it still needs to be reassessed by lawyers and linguists before lawmakers submit it to the European Council for formal approval.

The law will then officially enter into force after it is published in the Official Journal of the European Union. the bloc’s 27 member states will then have six months to enforce bans on prohibited practices, nine months to enforce codes of conduct and 12 months for rules on general-purpose artificial intelligence systems.

The AI law takes full effect 24 months after it goes into effect. Companies must comply with all obligations for high-risk systems within three years of the law’s official publication.

The EU wants to gain an edge over international rivals such as the United States and China when it comes to using emerging technologies. Last year, the bloc adopted Markets in Crypto Assets (MiCA), a comprehensive legal framework for regulating cryptocurrencies in Europe, which will come into effect later this year.

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Łukasz Michałek
Łukasz Michałek
Founder of the rapidly developing cryptocurrency channel "Biblia Kryptowalut" on YouTube. He also co-creates the Arena Trading group with Marek. Łukasz is fascinated and passionate about blockchain technology and cryptocurrencies, which constitute the central element of his activity in the cryptocurrency industry.
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