Europe sets benchmark for rest of the world with landmark AI laws

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The vote by EU countries came two months after EU lawmakers backed the AI legislation drafted by the European Commission in 2021 after making a number of key changes. “With the AI Act, Europe emphasizes the importance of trust, transparency and accountability when dealing with new technologies while at the same time ensuring this fast-changing technology can flourish and boost European innovation,” he said.

The new legislation will have an impact beyond the 27-country bloc, said Patrick van Eecke at law firm Cooley.

Source: Tech Daily Report (techdailyreport.net)

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