EU lawmakers approve major AI regulation.
- The European Union Parliament has voted in favour of an AI Act.
- If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public.
- The regulation also seeks a ban on real-time biometric recognition.
The European Parliament has once again made a significant move towards regulating the rapidly growing Artificial Intelligence (AI) industry.
This comes after a critical vote in the European Parliament on Wednesday approved the European Union’s AI regulation – the EU AI Act.
499 lawmakers voted in favour of the EU AI Act, with 28 against, and 93 abstentions. If passed into law, it will be the first AI regulation in the West.
However, the EU AI Act must first go through trilogue negotiations where the European Commission and the EU Council of Ministers will be involved.
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Ban on remote biometric identification
The EU’s approach to the AI regulatory framework comes at a time when the sector is seeing massive growth and adoption, particularly after the explosive reception that ChatGPT, a generative AI tool by OpenAI, received globally.
Concerns over the potential impact of unchecked AI developments have prompted various governments and regulatory bodies to seek policy guidelines. If passed into law, the Act will require AI tools to be reviewed and approved before they are released to the public.
Lawmakers also affirmed the ban on real-time remote biometric identification (RBI). Additionally, predictive policing, internet-scraped facial recognition, and emotion recognition software are also banned, according to Euractiv.
The EU Parliament’s vote is the first major move towards AI regulation by a tier 1 jurisdiction. The US has recently met with players within the industry, while the UK has also sought to take measures, with Prime Minister Rishi Sunak advocating for AI safety regulation on Monday.
The EU AI Act follows the adoption of MiCA, the crypto rules that will go into effect in 2024.