The European Union is set to impose some of the world’s most sweeping safety and transparency restrictions on artificial intelligence. A draft of the EU Artificial Intelligence Act (AIA or AI Act) — new legislation that restricts high-risk uses of AI — was passed by the European Parliament on June 14th. Now, after two years and an explosion of interest in AI, only a few hurdles remain before it comes into effect.
The AI Act was proposed by European lawmakers in April 2021. In their…
