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ARTICLE · 28 MARCH 2024

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EU Parliament Adopts AI Act

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In the dynamic realm of technological advancement, the advent of artificial intelligence (AI) heralds both promise and peril, necessitating robust regulatory frameworks to navigate its complexities.

European UnionTechnology

In the dynamic realm of technological advancement, the advent of artificial intelligence (AI) heralds both promise and peril, necessitating robust regulatory frameworks to navigate its complexities. The European Union (EU) has historically shown its ambition to lead in safeguarding fundamental rights and set global precedent as can be seen from its work in protecting personal data and the supra national effect of the GDPR. It therefore comes as little surprise that the EU has worked in a comprehensive framework aimed at regulating AI and has now voted in favour of the AI Act (AIA).

On the 13th of March 2024, the EU parliament voted on the AIA, which follows the provisional agreement reached by Parliament and Council negotiators on the 8th of December 2023. The AIA is expected to enter into force in May or June 2024, with most of its provisions becoming applicable 2 years later.

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