Tuesday, June 3, 2025
News PouroverAI
Visit PourOver.AI
No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing
News PouroverAI
No Result
View All Result

EU approves controversial AI Act to mixed reactions

March 13, 2024
in Data Science & ML
Reading Time: 3 mins read
0 0
A A
0
Share on FacebookShare on Twitter


The European Parliament has officially passed the AI Act, a groundbreaking regulatory framework that governs the use of AI systems. The legislation received overwhelming support with 523 votes in favor, 46 against, and 49 abstentions.

Italian lawmaker Brando Benifei, who co-led the AI Act, described it as a historic day. He emphasized the significance of having the world’s first regulation that paves the way for the safe and human-centric development of AI.

The AI Act will classify AI systems into four tiers based on their potential risk to society. High-risk applications, such as self-driving cars, will be subject to stringent requirements before they can be introduced to the EU market. Lower-risk systems will have fewer obligations.

Benifei highlighted the importance of businesses and institutions complying with the implementation and regulations. Additionally, there are ongoing efforts to introduce further AI legislation focusing on workplace conditions.

Dragoş Tudorache from Romania stated that the EU aims to collaborate with like-minded parties globally to promote these pioneering rules and establish governance standards.

🚨BREAKING: The European Parliament has just APPROVED the AI Act. What everyone should know:

➵ The AI Act follows a risk-based approach. Some AI systems are banned, such as those involving:

– Cognitive behavioral manipulation of people or specific vulnerable groups;– Social… pic.twitter.com/JiaA8qXEGx

— Luiza Jarovsky (@LuizaJarovsky) March 13, 2024

The general AI rules will come into effect in May 2025, with obligations for high-risk systems being implemented after three years. National oversight agencies will be responsible for monitoring compliance.

Differing viewpoints on impact

Reactions to the Act varied in terms of whether it strikes the right balance between innovation and protecting rights.

Data scientist Curtis Wilson believes that the Act will help build public trust by deterring careless developers through strict rules and penalties. This, in turn, will increase customer confidence in using AI systems. He emphasized the benefits of ensuring all AI developers adhere to these standards.

On the other hand, Mher Hakobyan from Amnesty International criticized the legislation for favoring industry interests over human rights. He expressed concerns about the lack of transparency and accountability provisions, which could potentially lead to abuses.

Businesses are now faced with the challenge of revamping their practices to comply with the new regulations. Data privacy lawyer Marcus Evans advised companies to establish robust AI governance to optimize technology usage and ensure compliance with the new regime. He stressed the importance of starting preparations early to avoid violating the rules.

After years of negotiations, the AI Act signals the EU’s intention to take a global lead in regulating this transformative technology. However, dissenting voices highlight the ongoing challenges in striking the right balance.

(Photo by Tabrez Syed on Unsplash)

See also: OpenAI calls Elon Musk’s lawsuit claims ‘incoherent’

Interested in learning more about AI and big data from industry leaders? Attend the AI & Big Data Expo in Amsterdam, California, or London. This comprehensive event is co-located with other major events like BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore upcoming enterprise technology events and webinars powered by TechForge here.

Tags: ai, ai act, artificial intelligence, eu, europe, european parliament, law, legal, Legislation, Politics





Source link

Tags: actApprovesControversialmixedreactions
Previous Post

IIFL Finance to raise up to Rs 1,500 crore from rights issue

Next Post

The Rise of Domain-Specific Language Models

Related Posts

AI Compared: Which Assistant Is the Best?
Data Science & ML

AI Compared: Which Assistant Is the Best?

June 10, 2024
5 Machine Learning Models Explained in 5 Minutes
Data Science & ML

5 Machine Learning Models Explained in 5 Minutes

June 7, 2024
Cohere Picks Enterprise AI Needs Over ‘Abstract Concepts Like AGI’
Data Science & ML

Cohere Picks Enterprise AI Needs Over ‘Abstract Concepts Like AGI’

June 7, 2024
How to Learn Data Analytics – Dataquest
Data Science & ML

How to Learn Data Analytics – Dataquest

June 6, 2024
Adobe Terms Of Service Update Privacy Concerns
Data Science & ML

Adobe Terms Of Service Update Privacy Concerns

June 6, 2024
Build RAG applications using Jina Embeddings v2 on Amazon SageMaker JumpStart
Data Science & ML

Build RAG applications using Jina Embeddings v2 on Amazon SageMaker JumpStart

June 6, 2024
Next Post
The Rise of Domain-Specific Language Models

The Rise of Domain-Specific Language Models

Low-code libraries for React, Node, and Sequelize

Low-code libraries for React, Node, and Sequelize

Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets – Blockchain News, Opinion, TV and Jobs

Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets – Blockchain News, Opinion, TV and Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Is C.AI Down? Here Is What To Do Now

Is C.AI Down? Here Is What To Do Now

January 10, 2024
Accenture creates a regulatory document authoring solution using AWS generative AI services

Accenture creates a regulatory document authoring solution using AWS generative AI services

February 6, 2024
23 Plagiarism Facts and Statistics to Analyze Latest Trends

23 Plagiarism Facts and Statistics to Analyze Latest Trends

June 4, 2024
Managing PDFs in Node.js with pdf-lib

Managing PDFs in Node.js with pdf-lib

November 16, 2023
Turkish Airlines Marketing Strategy: Beyond “Globally Yours”

Turkish Airlines Marketing Strategy: Beyond “Globally Yours”

May 29, 2024
The 15 Best Python Courses Online in 2024 [Free + Paid]

The 15 Best Python Courses Online in 2024 [Free + Paid]

April 13, 2024
Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

Can You Guess What Percentage Of Their Wealth The Rich Keep In Cash?

June 10, 2024
AI Compared: Which Assistant Is the Best?

AI Compared: Which Assistant Is the Best?

June 10, 2024
How insurance companies can use synthetic data to fight bias

How insurance companies can use synthetic data to fight bias

June 10, 2024
5 SLA metrics you should be monitoring

5 SLA metrics you should be monitoring

June 10, 2024
From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

From Low-Level to High-Level Tasks: Scaling Fine-Tuning with the ANDROIDCONTROL Dataset

June 10, 2024
UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

UGRO Capital: Targeting to hit milestone of Rs 20,000 cr loan book in 8-10 quarters: Shachindra Nath

June 10, 2024
Facebook Twitter LinkedIn Pinterest RSS
News PouroverAI

The latest news and updates about the AI Technology and Latest Tech Updates around the world... PouroverAI keeps you in the loop.

CATEGORIES

  • AI Technology
  • Automation
  • Blockchain
  • Business
  • Cloud & Programming
  • Data Science & ML
  • Digital Marketing
  • Front-Tech
  • Uncategorized

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 PouroverAI News.
PouroverAI News

No Result
View All Result
  • Home
  • AI Tech
  • Business
  • Blockchain
  • Data Science & ML
  • Cloud & Programming
  • Automation
  • Front-Tech
  • Marketing

Copyright © 2023 PouroverAI News.
PouroverAI News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In