Close Menu
    Facebook X (Twitter) Instagram
    Facebook Instagram YouTube
    Crypto Go Lore News
    Subscribe
    Wednesday, May 27
    • Home
    • Market Analysis
    • Latest
      • Bitcoin News
      • Ethereum News
      • Altcoin News
      • Blockchain News
      • NFT News
      • Market Analysis
      • Mining News
      • Technology
      • Videos
    • Trending Cryptos
    • AI News
    • Market Cap List
    • Mining
    • Trading
    • Contact
    Crypto Go Lore News
    Home»AI News»EU approves controversial AI Act to mixed reactions
    AI News

    EU approves controversial AI Act to mixed reactions

    CryptoExpertBy CryptoExpertMarch 14, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    EU approves controversial AI Act to mixed reactions
    Share
    Facebook Twitter Pinterest Email Copy Link
    Binance


    The European Parliament today approved the AI Act, the first ever regulatory framework governing the use of AI systems. The legislation passed with an overwhelming majority of 523 votes in favour, 46 against and 49 abstentions.

    “This is a historic day,” said Italian lawmaker Brando Benifei, co-lead on the AI Act. “We have the first regulation in the world which puts a clear path for safe and human-centric development of AI.”

    The AI Act will categorise AI systems into four tiers based on their potential risk to society. High-risk applications like self-driving cars will face strict requirements before being allowed on the EU market. Lower risk systems will have fewer obligations.

    “The main point now will be implementation and compliance by businesses and institutions,” Benifei stated. “We are also working on further AI legislation for workplace conditions.”

    Betfury

    His counterpart, Dragoş Tudorache of Romania, said the EU aims to promote these pioneering rules globally. “We have to be open to work with others on how to build governance with like-minded parties.”

    🚨BREAKING: The European Parliament has just APPROVED the AI Act. What everyone should know:

    ➵ The AI Act follows a risk-based approach. Some AI systems are banned, such as those involving:

    – Cognitive behavioral manipulation of people or specific vulnerable groups;– Social… pic.twitter.com/JiaA8qXEGx

    — Luiza Jarovsky (@LuizaJarovsky) March 13, 2024

    The general AI rules take effect in May 2025, while obligations for high-risk systems kick in after three years. National oversight agencies will monitor compliance.

    Differing viewpoints on impact

    Reaction was mixed on whether the Act properly balances innovation with protecting rights.

    Curtis Wilson, a data scientist at Synopsys, believes it will build public trust: “The strict rules and punishing fines will deter careless developers, and help customers be more confident in using AI systems…Ensuring all AI developers adhere to these standards is to everyone’s benefit.”

    However, Mher Hakobyan from Amnesty International criticised the legislation as favouring industry over human rights: “It is disappointing that the EU chose to prioritise interests of industry and law enforcement over protecting people…It lacks proper transparency and accountability provisions, which will likely exacerbate abuses.”

    Companies now face the challenge of overhauling practices to comply.

    Marcus Evans, a data privacy lawyer, advised: “Businesses need to create and maintain robust AI governance to make the best use of the technology and ensure compliance with the new regime…They need to start preparing now to not fall foul of the rules.”

    After years of negotiations, the AI Act signals the EU intends to lead globally on this transformative technology. But dissenting voices show challenges remain in finding the right balance.

    (Photo by Tabrez Syed on Unsplash)

    See also: OpenAI calls Elon Musk’s lawsuit claims ‘incoherent’

    Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

    Explore other upcoming enterprise technology events and webinars powered by TechForge here.

    Tags: ai, ai act, artificial intelligence, eu, europe, european parliament, law, legal, Legislation, Politics





    Source link

    okex
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    CryptoExpert
    • Website

    Related Posts

    AI News

    AI Trading Bots Explained (Pocket Option Guide)

    April 9, 2026
    AI News

    How is AI reshaping opportunities for students? #news #ai #trending #opportunity #shorts

    April 3, 2026
    AI News

    Create Stunning AI Videos in Minutes! LunaBloomAI Full Tutorial for Beginners (2024)

    December 16, 2025
    AI News

    Glimmering Labs of 2050 AI Shaping Tomorrow’s Materials

    December 15, 2025
    AI News

    Sunday Funny Comic #google #AI News #War #Dogs Virals memes #stockmarket #news #crypto #shorts

    December 14, 2025
    AI News

    ✨ What I Noticed About AI Today 🤖 | Simple Tip for Beginners #shorts

    December 13, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Recommended
    Editors Picks

    Ethereum Sees 56.9% Jump in Transfers as Adoption Gains Ground

    April 12, 2026

    Polymarket Briefly Appears in Google News Before Being Removed

    April 12, 2026

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    April 9, 2026

    Uniswap price outlook as Ethereum’s Vitalik Buterin offloads UNI tokens

    April 9, 2026
    Latest Posts

    We are a leading platform dedicated to delivering authoritative insights, news, and resources on cryptocurrencies and blockchain technology. At Crypto Go Lore News, our mission is to empower individuals and businesses with reliable, actionable, and up-to-date information about the cryptocurrency ecosystem. We aim to bridge the gap between complex blockchain technology and practical understanding, fostering a more informed global community.

    Latest Posts

    Ethereum Sees 56.9% Jump in Transfers as Adoption Gains Ground

    April 12, 2026

    Polymarket Briefly Appears in Google News Before Being Removed

    April 12, 2026

    The Bitcoin miner sell-off looks close to exhaustion marking impending reversal in market pressure

    April 9, 2026
    Newsletter

    Subscribe to Updates

    Get the latest Crypto news from Crypto Golore News about crypto around the world.

    Facebook Instagram YouTube
    • Contact
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    © 2026 CryptoGoLoreNews. All rights reserved by CryptoGoLoreNews.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 75,836.00
    ethereum
    Ethereum (ETH) $ 2,073.99
    tether
    Tether (USDT) $ 0.998611
    bnb
    BNB (BNB) $ 656.07
    xrp
    XRP (XRP) $ 1.33
    usd-coin
    USDC (USDC) $ 0.999727
    solana
    Solana (SOL) $ 83.62
    tron
    TRON (TRX) $ 0.375295
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.03