Berliner Boersenzeitung - EU parliament adopts 'historic' rules on AI

EUR -
AED 4.228054
AFN 74.833174
ALL 93.364555
AMD 421.565177
AOA 1055.720532
ARS 1720.29465
AUD 1.644322
AWG 2.075175
AZN 1.93458
BAM 1.956524
BBD 2.321559
BDT 142.332678
BHD 0.434661
BIF 3410.162114
BMD 1.151276
BND 1.478247
BOB 14.033194
BRL 5.876107
BSD 1.152627
BTN 109.836651
BWP 15.676802
BYN 3.369447
BYR 22565.011394
BZD 2.318258
CAD 1.616823
CDF 2604.186139
CHF 0.932539
CLF 0.026975
CLP 1065.114926
CNY 7.774106
CNH 7.779345
COP 3734.601488
CRC 523.593784
CUC 1.151276
CUP 30.508816
CVE 110.305825
CZK 24.210243
DJF 205.255966
DKK 7.476495
DOP 66.864747
DZD 153.095548
EGP 57.700579
ERN 17.269141
ETB 186.044056
FJD 2.553418
FKP 0.853954
GBP 0.857338
GEL 3.004992
GGP 0.853954
GHS 13.468985
GIP 0.853954
GMD 85.19465
GNF 10121.746096
GTQ 8.794446
GYD 241.529391
HKD 9.028595
HNL 30.895435
HRK 7.537984
HTG 150.705777
HUF 364.154961
IDR 20689.697769
ILS 3.504064
IMP 0.853954
INR 109.753395
IQD 1509.958841
IRR 1583292.445177
ISK 142.021308
JEP 0.853954
JMD 182.587576
JOD 0.816268
JPY 181.256644
KES 148.940984
KGS 100.678981
KHR 4657.723841
KMF 492.746197
KRW 1648.419913
KWD 0.356389
KYD 0.960556
KZT 546.772362
LAK 26069.648473
LBP 103224.003586
LKR 387.003231
LRD 208.057003
LSL 19.009736
LTL 3.399419
LVL 0.696395
LYD 7.346719
MAD 10.747378
MDL 20.125449
MGA 4909.817141
MKD 61.547779
MMK 2417.315001
MNT 4137.143512
MOP 9.310646
MRU 46.164085
MUR 54.040305
MVR 17.787481
MWK 1998.739741
MXN 19.945516
MYR 4.71906
MZN 73.567165
NAD 19.009736
NGN 1570.190972
NIO 42.415698
NOK 10.977766
NPR 175.739042
NZD 1.961976
OMR 0.442682
PAB 1.152627
PEN 3.893041
PGK 5.086883
PHP 70.146828
PKR 320.062556
PLN 4.312772
PYG 6875.544665
QAR 4.201955
RON 5.246941
RSD 117.390701
RUB 92.562984
RWF 1690.325596
SAR 4.309375
SBD 9.292129
SCR 15.452692
SDG 690.765342
SEK 11.010401
SGD 1.476615
SLE 28.148317
SOS 658.743804
SRD 43.525146
STD 23829.090678
STN 24.509071
SVC 10.085733
SZL 19.013037
THB 38.463672
TJS 10.64474
TMT 4.029466
TND 3.382425
TRY 54.748357
TTD 7.815893
TWD 37.313999
TZS 3049.72806
UAH 51.703936
UGX 4313.596478
USD 1.151276
UYU 46.358164
UZS 13820.114876
VES 860.983443
VND 30263.594618
VUV 137.059598
WST 3.148154
XAF 656.199862
XAG 0.019721
XAU 0.000283
XCD 3.111381
XCG 2.077369
XDR 0.816102
XOF 656.199862
XPF 119.331742
YER 274.461274
ZAR 19.019311
ZMK 10362.854282
ZMW 21.662017
ZWL 370.710432
  • RBGPF

    -3.2100

    66

    -4.86%

  • RYCEF

    0.7000

    20.2

    +3.47%

  • CMSC

    -0.0800

    21.76

    -0.37%

  • GSK

    -0.1800

    51.51

    -0.35%

  • NGG

    -0.1100

    79.86

    -0.14%

  • BCE

    0.1100

    21.79

    +0.5%

  • RIO

    -0.9500

    95.9

    -0.99%

  • AZN

    -11.6700

    157.97

    -7.39%

  • RELX

    0.7400

    36.16

    +2.05%

  • BTI

    -1.0900

    59.56

    -1.83%

  • BCC

    6.6500

    83.03

    +8.01%

  • CMSD

    -0.0900

    22.02

    -0.41%

  • VOD

    -0.1700

    15.61

    -1.09%

  • JRI

    -0.1400

    12.82

    -1.09%

  • BP

    -0.9600

    44.26

    -2.17%

EU parliament adopts 'historic' rules on AI
EU parliament adopts 'historic' rules on AI / Photo: Patrick T. FALLON - AFP/File

EU parliament adopts 'historic' rules on AI

The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT.

Text size:

Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the possible risks of a technology developing at breakneck speed, while also fostering innovation on the continent.

Brussels has sprinted to pass the new law since OpenAI's Microsoft-backed ChatGPT arrived on the scene in late 2022, unleashing a global AI race.

There was a burst of excitement for generative AI as ChatGPT wowed the world with its human-like capabilities -- from digesting complex text to producing poems within seconds, or passing medical exams.

Further examples of generative AI models include DALL-E and Midjourney, which produce images, while other models produce sounds from a simple input in everyday language.

The far-reaching regulation passed with the support of 523 lawmakers in the European Parliament in Strasbourg, France, with 46 voting against.

The EU's 27 states are expected to endorse the text in April before the law is published in the EU's Official Journal in May or June.

"Today is again an historic day on our long path towards regulation of AI," said Brando Benifei, an Italian lawmaker who pushed the text through parliament with Romanian MEP Dragos Tudorache.

"(This is) the first regulation in the world that is putting a clear path towards a safe and human-centric development of AI," Benifei added, speaking just before the vote.

"We managed to find that very delicate balance between the interest to innovate and the interest to protect," Tudorache told journalists before the vote.

The EU's internal market commissioner, Thierry Breton, hailed the vote.

"I welcome the overwhelming support from the European Parliament for the EU AI Act," he said. "Europe is now a global standard-setter in trustworthy AI."

Rules covering AI models like ChatGPT will enter into force 12 months after the law becomes official, while companies must comply with most other provisions in two years.

- AI policing restrictions -

The EU's rules known as the "AI Act" take a risk-based approach: the riskier the system, the tougher the requirements -- with outright bans on the AI tools deemed to carry the most threat.

For example, high-risk AI providers must conduct risk assessments and ensure their products comply with the law before they are made available to the public.

"We are regulating as little as possible and as much as needed, with proportionate measures for AI models," Breton told AFP.

Violations can see companies hit with fines ranging from 7.5 million to 35 million euros ($8.2 million to $38.2 million), depending on the type of infringement and the firm's size.

There are strict bans on using AI for predictive policing and systems that use biometric information to infer an individual's race, religion or sexual orientation.

The rules also ban real-time facial recognition in public spaces but with some exceptions for law enforcement, although police must seek approval from a judicial authority before any AI deployment.

- Lobbies vs watchdogs -

Since AI will likely transform every aspect of Europeans' lives and big tech firms are vying for dominance in what will be a lucrative market, the EU has been subject to intense lobbying over the legislation.

Watchdogs on Tuesday pointed to campaigning by French AI startup Mistral AI and Germany's Aleph Alpha as well as US-based tech giants like Google and Microsoft.

They warned the implementation of the new rules "could be further weakened by corporate lobbying", adding that research showed "just how strong corporate influence" was during negotiations.

"Many details of the AI Act are still open and need to be clarified in numerous implementing acts, for example, with regard to standards, thresholds or transparency obligations," three watchdogs based in Belgium, France and Germany said.

Commissioner Breton stressed that the EU "withstood the special interests and lobbyists calling to exclude large AI models from the regulation", adding: "The result is a balanced, risk-based and future-proof regulation."

Lawmaker Tudorache said the law was "one of the... heaviest lobbied pieces of legislation, certainly in this mandate", but insisted: "We resisted the pressure."

(Y.Berger--BBZ)