EU Lawmakers Approve Groundbreaking AI Act

European Union lawmakers have given final approval to the AI Act, making it the world's first comprehensive set of AI rules. The act will come into effect later this year and will serve as a global reference for other countries seeking to regulate AI. It adopts a risk-based approach, with stricter requirements for high-risk AI applications. Some uses of AI are banned altogether, such as social scoring systems and certain types of predictive policing. The law also addresses generative AI …

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