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ARTICLE · 28 MARCH 2024

EU Parliament Adopts Final Version Of AI Act: Our Key Takeaways

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After much anticipation, the EU Parliament formally adopted the final version of the proposal for an EU regulation laying down harmonised rules on artificial intelligence (AI Act)...

European UnionTechnology

1. Context

After much anticipation, the EU Parliament formally adopted the final version of the proposal for an EU regulation laying down harmonised rules on artificial intelligence (AI Act) 1 on 13 March 2024. The text is still subject to a final lawyer-linguist check and needs to be formally endorsed by the Council of the EU.

Initially proposed by the EU Commission in April 2021, the proposal has been amended over the years to take account of technological developments, particularly generative AI and the launch of ChatGPT in November 2022.

The AI Act is the first comprehensive regulation for the artificial intelligence (AI) industry worldwide. It aims to ensure a high level of protection from harmful effects of AI systems in the EU, while supporting innovation and improving the functioning of the internal market.

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