World's first major act to regulate AI passed by the European parliament

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World's first major act to regulate AI passed by the European parliament
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The European Union Parliament on Wednesday approved the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.

The European Union Parliament on Wednesday approved the world's first major set of regulatory ground rules to govern the mediatized artificial intelligence at the forefront of tech investment.

President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while safeguarding fundamental rights. Born in 2021, the EU AI Act divides the technology into categories of risk, ranging from "unacceptable" — which would see the technology banned — to high, medium and low hazard.

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