The EU Just Passed Sweeping New Rules to Regulate AI

The European Union today agreed on the details of the AI Act, a far-reaching set of rules for the people building and using artificial intelligence. “The EU AI Act is a global first,” said European Commission president Ursula von der Leyen on X. And for the safety and fundamental rights of people and businesses.” The law itself is not a world-first; China’s new rules for generative AI went into effect in August. New transparency requirements for all general purpose AI models, like OpenAI's GPT-4, which powers ChatGPT, and stronger rules for “very powerful” models were also included. “The AI Act sets rules for large, powerful AI models, ensuring they do not present systemic risks to the Union,” says Dragos Tudorache, member of the European Parliament and one of two co-rapporteurs leading the negotiations.