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Home DeFi Metaverse

“Latest Legislation from the European Union: Artificial Intelligence in Focus” – Metaverseplanet.net

MetaversePlanet by MetaversePlanet
August 2, 2024
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“Latest Legislation from the European Union: Artificial Intelligence in Focus” – Metaverseplanet.net
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The European Union’s new law aimed at regulating artificial intelligence applications has come into effect.

The European Parliament has approved the legal regulation known as the “EU Artificial Intelligence Law,” marking a significant milestone in the field of artificial intelligence. Under this law, generative AI developers must have their models reviewed before release. The law prohibits social scoring systems and bans the use of facial recognition applications with smart cameras in public spaces.

With this regulation, low-level artificial intelligence applications such as spam filters or computer games will be permitted. However, bots must operate transparently in sectors like banking and airline companies. High-risk AI, including autonomous vehicles and robotic surgery, will be subject to stringent controls.

The provisions will be enforceable until 2026

Although the European Union presented the first regulations in the field of artificial intelligence in 2020, for the first time in history, a law on the subject has been passed by the parliament. These changes will also affect artificial intelligence models such as ChatGPT and Gemini. The primary targets of the law will be large manufacturers of artificial intelligence technology.

While most of the provisions in the law will be fully enforceable by mid-2026, bans on the use of artificial intelligence for purposes such as tracking with biometric data will be implemented in as little as six months. Additionally, regulations prioritizing transparency on issues such as blocking the use of deepfakes and improving the communication quality of chatbots will come into force.

It seems that lawmakers have finally started to catch up with the rapid progress of artificial intelligence. Do you think there should be other regulations? We look forward to your comments.

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As the EU Artificial Intelligence Law takes effect, it signifies a crucial step towards regulating AI applications in a rapidly evolving technological landscape. With stringent controls on high-risk AI and prohibitions on certain applications like social scoring systems and facial recognition in public spaces, the law sets a new standard for AI development and deployment. The enforcement of these provisions until 2026 reflects the EU’s commitment to transparency and accountability in the use of AI technology.

With the advancement of AI models like ChatGPT and Gemini, it becomes imperative for lawmakers to stay abreast of emerging technologies and their potential impact on society. The swift implementation of regulations addressing deepfakes and chatbot communication quality highlights the proactive approach taken by the EU in adapting to evolving AI capabilities.

Looking ahead, the question remains whether additional regulations will be necessary to address new AI advancements and potential ethical concerns. The intersection of AI and industry sectors such as banking and autonomous vehicles will require ongoing scrutiny to ensure the responsible development and implementation of AI technologies.

For more trending news articles on AI and technology, visit DeFi Daily News and stay informed on the latest developments in the field.



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Tags: artificialEuropeanfocusintelligenceLatestLegislationMetaverseplanet.netunion
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