The European Parliament has approved legislation to regulate AI, marking a global first. The law aims to oversee the use of AI according to varying levels of risk: low, medium, high, and unacceptable. This was determined by a vote of 523 in favor, 46 against, and 49 abstentions. The legislation is expected to come into effect in 2025.
Some countries, including Germany and France, have opposed the law, suggesting that self-regulation may be more effective than state intervention. This is to prevent potential negative impacts on competitiveness, especially when considering AI advancements from the United States and China.
Supporters of the law believe it will steer AI development in a direction where humans can maintain control. Many countries around the world may need to adjust in a similar direction.
Source: CNBC
TLDR: The European Parliament approved pioneering legislation to regulate AI use, addressing varying risk levels. Some countries oppose state intervention, preferring self-regulation. Supporters believe the law will enable human control over AI development globally.
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