The Council of the EU has recently voted unanimously on the final version of the European AI Act. It’s a significant step forward in its efforts to legislate the first AI law in the world. The Act establishes a regulatory framework for the safe use and development of AI, categorizing AI systems according to their associated risk. In the coming months, the text will enter the last stage of the legislative process, where the European Parliament will have a final vote on the AI Act.
The EU's AI Act establishes rules for AI use and development, focusing on ethical standards and safety. It categorizes AI systems, highlights high-risk uses, and sets compliance requirements. This legislation, a first in global AI governance, signals a shift towards responsible AI innovation in Europe.
One year after the launch of ChatGPT, regulators worldwide are still figuring out how to regulate Generative AI. The EU is going through intense debates on how to close the so-called 'EU AI Act' after two years of legislative process. At the same time, only one month ago, the White House surprised everyone with a landmark Executive Order to regulate AI in the US. In this article, I delve into the Executive Order and advance some ideas on how it can impact the whole AI regulatory landscape.
In this article we will present the challenges and approaches to AI Regulation in major jurisdictions such as the European Union, the United States, China, Canada and the UK. Explore the growing impact of AI on society and how AI quality tools like Giskard ensure reliable models and compliance.
In light of the widespread and rapid adoption of ChatGPT and other Generative AI models, which have brought new risks, the EU Parliament has accelerated its agenda on AI. The vote that took place on May 11, 2023 represents a significant milestone in the path toward the adoption of the first comprehensive AI regulation.
As businesses rapidly adopt Generative AI models like LLMs and foundation models, the EU AI Act introduces a comprehensive regulatory framework to ensure their safe and responsible use. Understanding and complying with these new rules is crucial for organizations deploying AI applications.