The 27 member states of the European Union have unanimously endorsed the EU AI Act, a landmark legislation governing the use of artificial intelligence. European Commissioner for the Internal Market, Thierry Breton, called it a “historic, world first, pioneering” move, highlighting the “perfect balance between innovation and safety.” The legislation, considered the first-ever comprehensive legal framework on AI worldwide, had reached a political agreement in December, but technical refinements were made due to concerns raised by countries like France and Germany. The European Parliament is expected to vote on the finalized text in March or April, with the AI Act set to become law 20 days after publication in the official journal. Certain rules will be implemented within six months, and full enforcement will take place over a two-year period.
Source – CGTN