Humane AI

🌍🚀♻️A Landmark Day for AI Governance🌍🚀♻️
Today marks a historic milestone as the European Parliament formally adopted the world's first comprehensive law regulating - the AI Act. This groundbreaking legislation will shape the future development and use of AI across the EU and potentially set a global standard!

The establishes a robust framework for promoting trustworthy AI that is safe, ethical, and respects fundamental rights.

Key provisions include:
🟢 Banning certain high-risk AI practices like social scoring systems that judge people based on their behavior
🟢 Strict rules around the use of biometric identification and categorization technology
🟢 Prohibiting AI systems that exploit vulnerabilities or use manipulative / deceptive practices
🟢 Heavy fines of up to €35M or 7% of global turnover for non-compliance

The Act provides much-needed legal clarity for businesses while safeguarding citizens' rights. However, the hard work is just beginning.

Priorities going forward include:
👉🏼 Issuing clear implementation guidelines to support companies
👉🏼 Fostering international cooperation and synergies on AI governance
👉🏼 Bolstering European AI innovation and competitiveness

This landmark legislation positions Europe as a global leader in trustworthy AI. While challenges remain, the AI Act creates a future-proof framework to harness AI's benefits while mitigating its risks.

Lawmakers approve AI Act with overwhelming majority Lawmakers in the European Parliament today (13 March) approved the AI Act, rules aimed at regulating AI systems according to a risk-based approach.