The EU agrees on AI regulations: What will it mean for people and businesses in the EU? | DW News

European Union member states and lawmakers reached a preliminary agreement on what they touted as the world’s first comprehensive AI legislation on Friday. This landmark deal aims to regulate artificial intelligence (AI) technologies, including ChatGPT and governments’ use of AI in biometric surveillance. According to the European Parliament the new deal sets a global precedent as the world’s first AI law, with the EU poised to be the first major region to implement such laws. “Historic! The EU becomes the very first continent to set clear rules for the use of AI,” EU Commissioner Thierry Breton, said on social media. “The AI Act is much more than a rulebook — it’s a launch pad for EU startups and researchers to lead the global AI race.” European Commission President Ursula von der Leyen heralded the “global first” AI Act “for the safety and fundamental rights of people and businesses.” The agreement is sure to draw close attention from AI companies as various global players mull similar regulations.

• This will kill AI development, or drive it into the Dark Web, or force people to have local models with no rules. European lawmakers reached a political deal for regulating artificial intelligence, marking a step toward establishing a comprehensive AI law in a Western country Scott Adams
• European negotiators debated AI regulations for nearly 24 straight hours — working a coffee machine so hard that it broke – Bloomberg
• There is no European equivalent to Amazon, WeChat, Alibaba, Apple, Google, PayPal, etc. Now with the coming AI revolution the EU is already doing everything it can for Europeans to miss the boat on that one too. Petty and weak powers regulate, major powers innovate. – Ralph S
• BREAKING: The European Union just passed the AI Act, a major new set of rules that will cover the building and use of AI, including by giants like Google and OpenAI. It’s a milestone law that could create a blueprint for the rest of the world. – Wired
• European Union negotiators clinched a deal on the world’s first comprehensive artificial intelligence rules, paving the way for legal oversight of AI technology. – Newsmax
• European lawmakers reached a political deal for regulating artificial intelligence, marking a step toward establishing a comprehensive AI law in a Western country Wall Street Journal