The European Parliament and the Council have reached a landmark agreement on the Artificial Intelligence Act, setting comprehensive rules for AI in Europe. This legislation aims to ensure AI is safe, respects fundamental rights, democracy, and environmental sustainability while fostering business growth. It includes prohibitions on AI applications that threaten citizens' rights or democracy, such as biometric categorization using sensitive characteristics, untargeted scraping for facial recognition databases, and social scoring based on personal characteristics. Additionally, the Act imposes strict conditions for law enforcement's use of biometric identification systems, requires a fundamental rights impact assessment for high-risk AI systems, and establishes transparency and accountability measures for general-purpose AI systems. The agreement also facilitates innovation and development of AI solutions by SMEs through regulatory sandboxes and real-world testing, with significant penalties for non-compliance.
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