EU agrees on landmark artificial intelligence laws

News Snapshot:

European Union lawmakers reached a consensus on a far-reaching new legislation aimed at regulating artificial intelligence (AI), marking one of the world’s earliest comprehensive efforts to control the utilisation of this rapidly advancing technology with broad societal and economic implications. Known as the A.I. Act, this legislation establishes a new global standard for nations aspiring to leverage the potential advantages of AI while striving to mitigate potential risks, including the automation of jobs, the dissemination of online misinformation and threats to national security. While addressing a news conference, European Parliament President Roberta Metsola termed the law a “balanced and human-centred...