European Parliament Approves Groundbreaking AI Regulations

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The European Parliament has passed a landmark legislation, known as the AI Act, to regulate artificial intelligence within the European Union. This makes the EU the first major economic power to establish comprehensive rules for AI technology. The AI Act aims to control the use of high-risk AI systems, such as facial recognition software, and requires companies developing AI systems to disclose more information about their training data. The adoption of these regulations demonstrates Europe's commitment to responsible AI development. The AI Act follows a risk-based approach, categorizing AI systems based on their potential harm to consumers. It prohibits the use of AI for social scoring and mandates transparency and fairness in AI programs to prevent discrimination. #shorts #AIregulations #EuropeanUnion #ResponsibleAI #AIAct