In a milestone achievement, the European Parliament, Council and
Commission have recently reached a provisional agreement on the
European Union Artificial Intelligence Act (the "Act"), a
comprehensive regulatory framework designed to bring legal
certainty to the realm of AI regulation within the EU. Originating
from the European Commission's proposal in April 2021, this Act
aims to propel the development of a unified market for safe and
dependable AI applications, setting the stage for transformative
advancements in the digital landscape.
Definition & Scope
Central to the Act is the expansive definition of an "AI
System," echoing the Organisation for Economic Cooperation and
Development's broad characterization. Said definition reads,
"...a machine-based system that, for explicit or implicit
objectives, infers, from the input it receives, how to generate
outputs such as predictions, content, recommendations, or decisions
that can influence physical or virtual
