The EU’s AI Act is set to enter force next month after receiving a final rubber-stamp from the European Council. Ministers today endorsed a political deal on the landmark law, billed as the world’s first comprehensive rules on AI. The law applies a risk-based approach to regulation. The strictest restrictions only apply to “high-risk” systems, from cars to law enforcement tools. Deployments designated “unacceptable” — such as social credit scoring — will be banned altogether. Although the EU set these rules, they will apply to any company that provides services or products within the bloc. That’s caused alarm in Silicon…
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