MEPs in Europe have taken a step towards establishing the world's first rules on Artificial Intelligence (AI). The Internal Market Committee and the Civil Liberties Committee have endorsed new transparency and risk-management rules for AI systems, with 84 votes in favor, 7 against, and 12 abstentions. The aim is to ensure a human-centric and ethical development of AI. The rules follow a risk-based approach, with obligations for providers and users depending on the level of risk involved. They include bans on biometric surveillance, emotion recognition, and predictive policing AI systems. The regulations also cover general-purpose AI and foundation models like GPT, with transparency measures and requirements to protect fundamental rights and mitigate risks. The legislation promotes innovation while safeguarding citizens' rights. The draft negotiating mandate will now go to the entire Parliament for endorsement before negotiations with the Council can begin. The vote is expected in June.
WHAT IS THE EU MANDATE & WHAT DOES IT MEAN?
The European Union has taken a significant step towards establishing the world's first rules and regulations on Artificial Intelligence (AI). Last week, the Internal Market Committee and the Civil Liberties Committee endorsed new transparency and risk-management rules for AI systems with an overwhelming majority of 84 votes in favour, seven against, and 12 abstentions. The goal is to ensure a human-centric and ethical development of AI.
WHAT ARE THE REAL CONCERNS FROM BUSINESS, DEVELOPER & ENTREPRENEURS DEVELOPING AI
While the EU's rules and regulations on AI are a significant step towards responsible AI development, it raises several questions and concerns for businesses. One of the main concerns is whether the EU is prepared to immediately certify all AI models that are imperative to business operations. The certification process can be costly and time-consuming, which could affect businesses' ability to innovate and compete globally.
BALANCING INNOVATION AND RESPONSIBILITY
In the European approach to excellence in AI, it is understandable that there are concerns surrounding the implementation of AI regulations in the EU and its members. However, it is important to consider the potential benefits and drawbacks of such regulations before making hasty decisions.
To ensure a human-centric and ethical development of Artificial Intelligence (AI) in Europe, MEPs endorsed new transparency and risk-management rules for AI systems.
A European approach to excellence in AI
Fostering excellence in AI will strengthen Europe’s potential to compete globally.
The EU will achieve this by:
1. enabling the development and uptake of AI in the EU;
2. making the EU the place where AI thrives from the lab to the market;
3. ensuring that AI works for people and is a force for good in society;
4. building strategic leadership in high-impact sectors.
The EU’s approach to artificial intelligence centers on excellence and trust, aiming to boost research and industrial capacity while ensuring safety and fundamental rights.