New rules for Artificial Intelligence in Europe
Feb. 23, 2024
The European Union is taking a decisive step forward in the field of technology with the adoption of the Artificial Intelligence Act, also known as the AI Act.
This ambitious piece of legislation aims to frame the use of AI on the European continent, setting strict standards for oversight, transparency and accountability.
Towards a comprehensive regulatory framework
The AI Act imposes differentiated obligations depending on the level of risk associated with AI systems. High-risk technologies are subject to enhanced requirements in terms of monitoring, transparency, traceability and environmental compliance.
In addition, this legislation prohibits certain practices such as the use of AI for mass surveillance and biometric categorization, with security-related exceptions.
A European AI Office in action
To ensure compliance with these provisions, the IA Act provides for the creation of a dedicated European AI office to oversee and enforce the regulations. Companies that breach the law could face financial penalties of up to 7% of their sales, with a cap set at €35 million.
Between enthusiasm and apprehension
In the Tech sector, the AI Act is provoking contrasting reactions. While some fear that this regulation could stifle innovation by adding further constraints, others hail the initiative as an essential step towards more ethical and safe deployment. It could even encourage the development of more responsible technologies.
The AI Act, the challenge of change
In short, the AI Act establishes a comprehensive regulatory framework for the use of AI within the EU, with strict rules, monitoring mechanisms and potential sanctions. Its impact on innovation remains a matter of debate, but it is undeniable that this legislation aims to ensure a more responsible and ethical deployment of artificial intelligence in Europe.
