The European Parliament voted in mid-March to approve the EU AI Act, the world’s first major piece of legislation that would regulate the use and deployment of artificial intelligence applications.
The vote isn’t the final passage, but it indicates that many CIOs at organizations using AI tools will have new regulations to comply with, as the law will apply both to organizations developing AIs and those simply deploying them. The law will also extend beyond the borders of the EU member nations, as any company interacting with residents of the EU will be subject to the regulations.