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What is the EU AI Act?

What is the EU AI Act?

Business news |
By Wisse Hettinga



The AI Act is a proposed European law on artificial intelligence (AI) – the first law on AI by a major regulator anywhere

In an attempt to limit the unlimmited possible influence of AI, this European law seeks protection and indentification of  the risk areas for their citizens. From the source:

The law assigns applications of AI to three risk categories. First, applications and systems that create an unacceptable risk, such as government-run social scoring of the type used in China, are banned. Second, high-risk applications, such as a CV-scanning tool that ranks job applicants, are subject to specific legal requirements. Lastly, applications not explicitly banned or listed as high-risk are largely left unregulated.

Like the EU’s General Data Protection Regulation (GDPR) in 2018, the EU AI Act could become a global standard, determining to what extent AI has a positive rather than negative effect on your life wherever you may be.

There are several loopholes and exceptions in the proposed law. These shortcomings limit the Act’s ability to ensure that AI remains a force for good in your life. Currently, for example, facial recognition by the police is banned unless the images are captured with a delay or the technology is being used to find missing children.
 
Find more information on the AI act at https://artificialintelligenceact.eu

 

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