The EU Just Passed Sweeping New Rules to Regulate AI

- The European Union has passed the AI Act, a comprehensive set of rules for regulating artificial intelligence.

- The law includes bans on biometric systems that identify people using sensitive characteristics such as sexual orientation and race, as well as the indiscriminate scraping of faces from the internet.

- Transparency requirements for all general purpose AI models, including OpenAI's GPT-4, were also included.

- Companies that do not comply with the rules can be fined up to 7 percent …

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