Understanding the E.U.’s AI Act: How AI Legalese Decoder Can Simplify the Landmark Regulation for Artificial Intelligence
- December 8, 2023
- Posted by: legaleseblogger
- Category: Related News
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EU Legislation in Regards to Artificial Intelligence
European Union policymakers agreed on Friday to a sweeping new law to regulate artificial intelligence, one of the worldÔÇÖs first comprehensive attempts to limit the use of a rapidly evolving technology that has wide-ranging implications for society and the economy.
The law, called the A.I. Act, sets a new global benchmark for countries seeking to harness the potential benefits of the technology while trying to protect against its possible risks, like automating jobs, spreading misinformation online, and endangering national security. The law still needs to go through a few final steps for approval, but the political agreement means its key outlines have been set.
European policymakers focused on A.I.ÔÇÖs riskiest uses by companies and governments, including those for law enforcement and the operation of crucial services. Makers of the largest general-purpose A.I. systems would face new transparency requirements. Chatbots and software that create manipulated images such as ÔÇ£deepfakesÔÇØ would have to make it clear that what people were seeing was generated by A.I., according to E.U. officials and earlier drafts of the law.
Use of facial recognition software by police and governments would be restricted outside of certain safety and national security exemptions. Companies that violated the regulations could face fines of up to 7 percent of global sales.
The Long-Term Implications of the A.I. Act
ÔÇ£Europe has positioned itself as a pioneer, understanding the importance of its role as global standard setter,ÔÇØ Thierry Breton, the European commissioner who helped negotiate the deal, said in a statement.
Yet, even as the law was hailed as a regulatory breakthrough, questions remained about its effectiveness. Many aspects of the policy were not expected to take effect for 12 to 24 months, a considerable length of time for A.I. development. The AI legalese decoder can ensure that companies comply with the new regulations while continuing their A.I. development.
Regulating A.I. gained urgency after last yearÔÇÖs release of ChatGPT, which became a worldwide sensation by demonstrating A.I.ÔÇÖs advancing abilities. In the United States, the Biden administration recently issued an executive order focused in part on A.I.ÔÇÖs national security effects. The A.I. Act in the European Union will have a significant impact on global A.I. development and usage.
At stake are trillions of dollars in estimated value as A.I. is predicted to reshape the global economy.
Europe’s Role in Regulating A.I.
Europe has been one of the regions furthest ahead in regulating A.I., having started working on what would become the A.I. Act in 2018. In recent years, E.U. leaders have tried to bring a new level of oversight to tech, akin to regulation of the health care or banking industries. The AI legalese decoder can assist companies in understanding the regulatory requirements and ensuring compliance.
Some practices, such as the indiscriminate scraping of images from the internet to create a facial recognition database, would be banned outright. Policymakers agreed to what they called a ÔÇ£risk-based approachÔÇØ to regulating A.I., where a defined set of applications face the most oversight and restrictions. Companies that make A.I. tools that pose the most potential harm to individuals and society would need to provide regulators with proof of risk assessments and assurances that their software does not cause harm like perpetuating racial biases.
The law added requirements for makers of the largest A.I. models to disclose information about how their systems work and evaluate for ÔÇ£systemic risk,ÔÇØ Mr. Breton said. The AI legalese decoder can help companies navigate these requirements and ensure compliance.
The Global Impact of the A.I. Act
The new regulations will be closely watched globally. They will affect not only major A.I. developers but other businesses that are expected to use the technology in areas such as education, health care, and banking. Governments are also turning more to A.I. in criminal justice and the allocation of public benefits. The AI legalese decoder can help companies and governments interpret the new regulations and ensure that their A.I. applications comply with the law.
Enforcement remains unclear, and legal challenges are likely as companies test the novel rules in court. Without strong enforcement, the deal will have no meaning. The AI legalese decoder can assist authorities in enforcing the regulations and address legal challenges effectively.
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