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ARTICLE · 16 MAY 2024

Artificial Intelligence In Europe: The Trailblazing EU AI Act

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On Dec. 8, 2023, after lengthy and intense negotiations, European legislators reached a political agreement on the EU Artificial Intelligence Act (AI Act). The EU Parliament formally adopted...

United StatesTechnology
Yung Shin Van Der Sype, Ph.D.
Yung Shin Van Der Sype, Ph.D.
Maarten Stassen
Maarten Stassen

On Dec. 8, 2023, after lengthy and intense negotiations, European legislators reached a political agreement on the EU Artificial Intelligence Act (AI Act). The EU Parliament formally adopted its position during its plenary session of March 13, 2024, and after legal-linguistic finalization and formal adoption by the EU Council, the AI Act is expected to be published in the Official Journal of the EU before the end of Q2, 2024.

Initially proposed by the European Commission in April 2021, the AI Act positions the EU as a trailblazer in regulating artificial intelligence, as it is the first significant, all-encompassing regulation in the world focused on the development and use of AI. It establishes a uniform legal framework across the EU, with the explicit goals of ensuring that AI used in the European market is legal, safe, and trustworthy. Given its extraterritorial scope of application, certain rules will extend beyond the EU's borders and have, thus, a global impact.

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