A provisional agreement was reached upon after a final
negotiation round between the EU Parliament, EU Council, and EU
Commission meaning this milestone legislation is nearing
implementation, making it the very first law that regulates
Artificial Intelligence in the world. This 'historic'
agreement as described by Thierry Breton will open the doors to a
new era of AI innovation.
The underlying priority of the European Parliament is to
facilitate safe use of AI systems and enable systems used in the EU
to be non-discriminatory, and environmentally friendly.
Accordingly, the proposed legislation contains an emphasis on
transparency and accountability.
In an effort to implement the overall objective, the new
regulations will introduce a risk-based classification system. The
risk-based approach will establish obligations for providers and
users depending on the risk the AI system presents and will
determine through a set of comprehensive rules the level of risk
