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Economic indicators show that the United States (US) is the front-runner for both private investment in artificial intelligence (AI) and venture capital in generative AI, followed by China. US companies are also developing most of the large languages models (LLMs) underpinning AI innovation. EU starts-up are beginning to scale up.

The Artificial Intelligence (AI) Act moved close to final adoption when the European Parliament voted in favour of the text on 13 March. It will become law after the final endorsement of the Council of the European Union, making the Union the first major world power to adopt horizontal legislation governing AI. The act defines the rules for using and selling artificial intelligence systems in the EU, and regulates general-purpose AI tools such as ChatGPT and AI-based biometric surveillance. It also ...

Artificial intelligence act

Briefing 11-03-2024

European Union lawmakers reached a political agreement on the draft artificial intelligence (AI) act in December 2023. Proposed by the European Commission in April 2021, the draft AI act, the first binding worldwide horizontal regulation on AI, sets a common framework for the use and supply of AI systems in the EU. It offers a classification for AI systems with different requirements and obligations tailored on a 'risk-based approach'. Some AI systems presenting 'unacceptable' risks are prohibited ...

The impact assessment (IA) defines the problems, their drivers, the objectives and the options of the initiative in a robust intervention logic. It explains the initiative's coherence with ongoing legislation. However, the interplay between the initiative and, in particular, the artificial intelligence act and the revised Product Liability Directive with regard to their scope of application and the likely evolution of the problems appear to be addressed insufficiently. The IA is based on several ...

This study, commissioned by the European Parliament's Committee on Budgetary Control, explores new technological developments that are being or could be applied in the field of budgetary control and how these could be used to enhance the prevention of fraud and corruption and ensure sound financial management of EU funds. New technological developments covered by the study include big data analytics, artificial intelligence, digital platforms, robotic process automation, distributed ledger technologies ...

The EU's approach to digital transformation is rooted in protecting fundamental rights, sustainability, ethics and fairness. With this human-centric vision of the digital economy and society, the EU seeks to empower citizens and businesses, regardless of their size. In the EU's view, the internet should remain open, fair, inclusive and focused on people. Digital technologies should work for citizens and help them to engage in society. Companies should be able to compete on equal terms, and consumers ...

While efforts to regulate artificial intelligence (AI) both globally and in the United States intensify, the prospects for broad Congress-passed legislation remain doubtful. In October 2023, President Biden issued a wide-reaching executive order on safe, secure and trustworthy AI. It is a positive step, but implementation will be challenging.

Ten issues to watch in 2024

In-Depth Analysis 08-01-2024

This is the eighth edition of an annual EPRS publication aimed at identifying and framing some of the key issues and policy areas that have the potential to feature prominently in public debate and on the political agenda of the European Union over the coming year. The topics analysed encompass young Europeans and the European elections, fake reality and disinformation in a year of elections, the delivery on the twin transition, climate overshoot and adaptation, the future of the EU automotive sector ...

Generative AI and watermarking

Briefing 13-12-2023

Generative artificial intelligence (AI) has the potential to transform industries and society by boosting innovation, empowering individuals and increasing productivity. One of the drawbacks of the adoption of this technology, however, is that it is becoming increasingly difficult to differentiate human-generated content from synthetic content generated by AI, potentially enabling illegal and harmful conduct. Policymakers around the globe are therefore pondering how to design and implement watermarking ...

On 8 December, the European Parliament and Council reached a landmark agreement on the rules for using artificial intelligence (AI), including governments' handling of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. The political deal between the European Parliament and the Council came after more than 2 days of negotiations. If, as expected, the agreed text is formally adopted by both the Parliament and Council to become EU law, the EU will become the first major world ...