Last week, MEPs and the European Council reached a historic agreement on proposed legislation for artificial intelligence (AI) regulation in the European Union. Although the deal is provisional at present, when the legislation is enacted next year, it will become the first set of comprehensive AI rules in the world, and this article discusses the expected regulatory landscape. European organisations that develop AI systems and organisations worldwide that use AI systems developed in Europe might be affected by the legislation, making this article of particular interest to them.
Artificial intelligence: landmark deal on AI regulation in Europe agreed by members of the European Parliament
AI systems will be categorised into unacceptable, high, limited, or minimal risk groups based on their potential harm to health, safety, fundamental rights, the environment, democracy, and/or the rule of law. They will then be subject to regulation according to their categorisation. For general-purpose artificial intelligence systems (GPAIs), the proposed legislation will introduce additional regulation.
"The EU is the first in the world to set in place robust regulation on AI, guiding its development and evolution in a human-centric direction. The AI Act sets rules for large, powerful AI models, ensuring they do not present systemic risks to the Union and offers strong safeguards for our citizens and our democracies against any abuses of technology by public authorities. It protects our SMEs, strengthens our capacity to innovate and lead in the field of AI, and protects vulnerable sectors of our economy. The European Union has made impressive contributions to the world; the AI Act is another one that will significantly impact our digital future.” - Dragos Tudorache, Member of the European Parliament
The EU is the first in the world to set in place robust regulation on AI, guiding its development and evolution in a human-centric direction.
Member of European Parliament
The finalised text of the AI Act is expected to be released next year, followed by a phased two-year implementation period beginning in the summer. Look out for more information from AG next year, but if you have any queries in the meantime, please do not hesitate to contact one of our specialists.