The foundation of the agreement is a risk-based tiered system, with the highest level of regulation applying to machines that pose the highest risk to health, safety, and human rights. The highest risk category is defined by the number of computer transactions needed to train the machine. The law tier of regulation places major obligations on AI services, including basic rules about data disclosure. The EU's strong and comprehensive regulation could set an example for other governments considering regulation, and AI companies obeying the EU's rules may extend some obligations to markets outside the continent.
Key takeaways:
- The European Parliament and EU member states have agreed on the world's first comprehensive laws to regulate artificial intelligence after a 37-hour negotiation.
- The laws will also govern social media and search engines, and are described as "historic" by Thierry Breton, the European Commissioner responsible for the laws.
- The agreement puts the EU ahead of the US, China, and the UK in the race to regulate artificial intelligence and protect the public from potential threats.
- The foundation of the agreement is a risk-based tiered system where the highest level of regulation applies to those machines that pose the highest risk to health, safety, and human rights.