Futures

Landmark Legislation: MEPs Endorse Rules for Artificial Intelligence, from (20230513.)

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Summary

MEPs in Europe have endorsed new transparency and risk-management rules for Artificial Intelligence (AI) systems. The rules aim to ensure a human-centric and ethical development of AI. They include provisions for oversight, safety, transparency, and non-discrimination. The rules follow a risk-based approach and prohibit certain AI practices, such as biometric surveillance and emotion recognition. MEPs also expanded the classification of high-risk AI areas and included obligations for providers of foundation models. The new law aims to support innovation while protecting citizens’ rights and will be the world’s first rules on AI.

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Signal Change 10y horizon Driving force
EU endorses rules on AI Regulation and oversight of AI systems Increased transparency and risk management, bans on certain AI practices Building trust and ensuring ethical development of AI in Europe

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