With the political deal on the AI Act sealed today, the EU becomes the first continent to set clear rules for the use of AI," declared the EU's internal market commissioner, Thierry Breton. "The AI Act is much more than a rulebook -- it's a launchpad for EU startups and researchers to lead the global race for trustworthy AI," he added. The "AI Act" has been rushed through the European Union's legislative process this year after the chatbot ChatGPT, a mass-market gateway to generative AI, exploded onto the scene late 2022. Penalties for violationsOne of the main stumbling blocks during negotiations was how to regulate general-purpose AI systems such as ChatGPT. The EU will be able to monitor and sanction those who violate the law through a new body called the EU AI office that will be attached to the commission.

Source: The Star December 09, 2023 11:27 UTC