On March 13, a significant milestone was reached with the approval of the Artificial Intelligence Act (AI Act) by the European Parliament. This is the world’s first regulation on artificial intelligence, aimed at ensuring that the path of innovation and digitalization occurs in full respect of fundamental human rights.
In summary, the AI Act:
- Prohibits certain forms of AI use that pose “unacceptable” risks.
- Imposes transparency obligations for certain high-risk AI applications.
- Restricts the use of biometric identification systems by law enforcement.
- Bans social scoring and the use of AI to manipulate or exploit user vulnerabilities.
- Establishes consumers’ rights to lodge complaints and receive meaningful explanations.
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