EU approves controversial AI Act to mixed reactions

The European Parliament today approved the AI Act, the first ever regulatory framework governing the use of AI systems. The legislation passed with an overwhelming majority of 523 votes in favour, 46 against and 49 abstentions.

"This is a historic day," said Italian lawmaker Brando Benifei, co-lead on the AI Act. "We have the first regulation in the world which puts a clear path for safe and human-centric development of AI."

The AI Act will categorise AI systems into...

Is Europe killing itself financially with the AI Act?

Europe is tinkering with legislation to regulate artificial intelligence. European regulators are delighted with this, but what does the world say about the AI Act?

Now the outlines for the AI Act are known, a debate is beginning to erupt around its possible implications. One camp believes regulations are needed to curb the risks of powerful AI technology, while the other is convinced that regulation will prove pernicious for the European economy. Is it out of the...

AI regulation: A pro-innovation approach – EU vs UK

In this article, the writers compare the United Kingdom’s plans for implementing a pro-innovation approach to regulation (“UK Approach”) versus the European Union’s proposed Artificial Intelligence Act (the “EU AI Act”).

Authors: Sean Musch, AI & Partners and Michael Borrelli, AI & Partners

AI – The opportunity and the challenge

AI currently delivers broad societal benefits, from medical advances to mitigating climate change. As an example, an AI...

AI Act: The power of open-source in guiding regulations

As the EU debates the AI Act, lessons from open-source software can inform the regulatory approach to open ML systems.

The AI Act, set to be a global precedent, aims to address the risks associated with AI while encouraging the development of cutting-edge technology. One of the key aspects of this Act is its support for open-source, non-profit, and academic research and development in the AI ecosystem. Such support ensures the development of safe, transparent, and accountable AI...

European Parliament adopts AI Act position

The European Parliament has taken a significant step towards the regulation of artificial intelligence by voting to adopt its position for the upcoming AI Act with an overwhelming majority. 

The act aims to regulate AI based on its potential to cause harm and follows a risk-based approach, prohibiting applications that pose an unacceptable risk while imposing strict regulations for high-risk use cases.

The timing of AI regulation has been a subject of debate, but...

EU committees green-light the AI Act

The Internal Market Committee and the Civil Liberties Committee of the European Parliament have endorsed new transparency and risk-management rules for artificial intelligence systems known as the AI Act.

This marks a major step in the development of AI regulation in Europe, as these are the first-ever rules for AI. The rules aim to ensure that AI systems are safe, transparent, traceable, and non-discriminatory.

After the vote, co-rapporteur Brando Benifei (S&D,...

What will AI regulation look like for businesses?

Unlike food, medicine, and cars, we have yet to see clear regulations or laws to guide AI design in the US. Without standard guidelines, companies that design and develop ML models have historically worked off of their own perceptions of right and wrong. 

This is about to change. 

As the EU finalizes its AI Act and generative AI continues to rapidly evolve, we will see the artificial intelligence regulatory landscape shift from general, suggested frameworks to more...

GitHub CEO: The EU ‘will define how the world regulates AI’

GitHub CEO Thomas Dohmke addressed the EU Open Source Policy Summit in Brussels and gave his views on the bloc’s upcoming AI Act. 

“The AI Act will define how the world regulates AI and we need to get it right, for developers and the open-source community,” said Dohmke.

Dohmke was born and grew up in Germany but now lives in the US. As such, he is all too aware of the widespread belief that the EU cannot lead when it comes to tech innovation.

“As a...

AI Expo: Protecting ethical standards in the age of AI

Rapid advancements in AI require keeping high ethical standards, as much for legal reasons as moral.

During a session at this year’s AI & Big Data Expo Europe, a panel of experts provided their views on what businesses need to consider before deploying artificial intelligence.

Here’s a list of the panel’s participants:

Moderator: Frans van Bruggen, Policy Officer for AI and FinTech at De Nederlandsche Bank (DNB)Aoibhinn Reddington, Artificial...