Don’t miss out on these fabulous Insider DealsFILE - A man walks in front of an image of a flower created with artificial intelligence by artist Refik Anadol ahead of the World Economic Forum in Davos, Switzerland, Jan. 14, 2024. European Union lawmakers are set to give final approval to the 27-nation bloc's artificial intelligence law Wednesday, putting the world-leading set of rules for the fast-developing technology on track to take effect later this year.
High-risk uses of AI, such as in medical devices or critical infrastructure like water or electrical networks, face tougher requirements like using high-quality data and providing clear information to users. The EU says it’s worried that these powerful AI systems could “cause serious accidents or be misused for far-reaching cyberattacks.” They also fear generative AI could spread “harmful biases” across many applications, affecting many people.
Rules for general purpose AI systems like chatbots will start applying a year after the law takes effect. By mid-2026, the complete set of regulations, including requirements for high-risk systems, will be in force.