The EU AI Act Newsletter #53: The Law Is Finally Adopted

The Council of the EU approved the AI Act and the law will now enter into force very soon. Legislative Process AI Act is finally adopted: The Council of the EU approved the AI Act on 21 May. This legislation, the first of its kind in the world, adopts a 'risk-based' approach, imposing stricter regulations on AI systems with higher potential to harm society. The Act aims to standardise AI rules, potentially setting a global standard for AI regulation. Its primary goal is to promote the development and adoption of safe and trustworthy AI systems within the EU's single market, ensuring they respect fundamental rights while fostering investment and innovation. However, the Act exempts certain areas such as military and defence applications, and research purposes. Mathieu Michel, Belgian Secretary of State for digitisation, administrative simplification, privacy protection and building regulation, highlights the Act's emphasis on trust, transparency and [...] ---Outline:(00:15) Legislative Process(01:36) Analyses(05:26) AI Office--- First published: May 28th, 2024 Source: https://artificialintelligenceact.substack.com/p/the-eu-ai-act-newsletter-53-the-law --- Narrated by TYPE III AUDIO.

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Up-to-date developments and analyses of the EU AI Act. Narrations of the “EU AI Act Newsletter”, a biweekly newsletter by Risto Uuk and The Future of Life Institute. ABOUT US The Future of Life Institute (FLI) is an independent non-profit working to reduce large-scale, extreme risks from transformative technologies. We also aim for the future development and use of these technologies to be beneficial to all. Our work includes grantmaking, educational outreach, and policy engagement. Our EU transparency register number is 787064543128-10. In Europe, FLI has two key priorities: i) promote the beneficial development of artificial intelligence and ii) regulate lethal autonomous weapons. FLI works closely with leading AI developers to prepare its policy positions, funds research through recurring grant programs and regularly organises global AI conferences. FLI created one of the earliest sets of AI governance principles – the Asilomar AI principles. The Institute, alongside the governments of France and Finland, is also the civil society champion of the recommendations on AI in the UN Secretary General’s Digital Cooperation Roadmap.