A Compilation of Noteworthy Tech Stories from Around the Web This Week (Through February 24)

A Compilation of Noteworthy Tech Stories from Around the Web This Week (Through February 24) Technology is constantly evolving, and...

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Worldcoin, a popular cryptocurrency, has recently experienced a remarkable surge in value, reaching an all-time high with a staggering 170%...

TechStartups: Google Suspends Image Generation in Gemini AI Due to Historical Image Depiction Inaccuracies Google, one of the world’s leading...

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Iveda Introduces IvedaAI Sense: A New Innovation in Artificial Intelligence Artificial Intelligence (AI) has become an integral part of our...

Artificial Intelligence (AI) has become an integral part of various industries, revolutionizing the way we work and interact with technology....

Exploring the Future Outlook: The Convergence of AI and Crypto Artificial Intelligence (AI) and cryptocurrencies have been two of the...

Nvidia, the leading graphics processing unit (GPU) manufacturer, has reported a staggering surge in revenue ahead of the highly anticipated...

Scale AI, a leading provider of artificial intelligence (AI) solutions, has recently announced a groundbreaking partnership with the United States...

Nvidia, the leading graphics processing unit (GPU) manufacturer, has recently achieved a remarkable milestone by surpassing $60 billion in revenue....

Google Gemma AI is revolutionizing the field of artificial intelligence with its lightweight models that offer exceptional outcomes. These models...

Artificial Intelligence (AI) has become an integral part of our lives, revolutionizing various industries and enhancing our daily experiences. One...

Iveda introduces IvedaAI Sense: An AI sensor that detects vaping and bullying, as reported by IoT Now News & Reports...

EU Law Restricting AI Use Successfully Passes Key Vote in Initial Draft

The European Union (EU) has taken a significant step towards regulating the use of artificial intelligence (AI) with the successful passing of a key vote in the initial draft of the proposed legislation. The new regulations aim to ensure that AI is used in a way that is safe, transparent, and respects fundamental rights.

The proposed legislation, known as the Artificial Intelligence Act, was introduced by the European Commission in April 2021. It seeks to establish a framework for the development and deployment of AI systems in the EU, with a focus on high-risk applications such as facial recognition and autonomous vehicles.

The Act sets out a number of requirements for AI developers and users, including the need to conduct risk assessments, provide transparency about how AI systems work, and ensure that human oversight is maintained. It also includes provisions for the creation of a European Artificial Intelligence Board, which will be responsible for overseeing compliance with the new regulations.

The passing of the initial draft of the legislation is a significant milestone in the EU’s efforts to regulate AI use. It follows years of debate and discussion about the potential risks and benefits of AI, and the need for appropriate safeguards to be put in place.

One of the key concerns around AI is the potential for it to be used in ways that are harmful or discriminatory. For example, facial recognition technology has been shown to have higher error rates for people with darker skin tones, raising concerns about racial bias. The new regulations aim to address these issues by requiring developers to conduct risk assessments and ensure that their systems are transparent and accountable.

Another important aspect of the new legislation is its focus on high-risk applications of AI. These include systems that are used in areas such as healthcare, transport, and law enforcement, where the potential consequences of errors or malfunctions could be significant. By requiring developers to conduct risk assessments and provide transparency about how their systems work, the new regulations aim to ensure that these applications are used safely and responsibly.

The passing of the initial draft of the Artificial Intelligence Act is just the first step in a long process of legislative approval. The proposed legislation will now be subject to further debate and scrutiny, with input from stakeholders and experts in the field. However, the fact that it has passed this initial vote is a positive sign that the EU is taking the regulation of AI seriously, and is committed to ensuring that it is used in a way that benefits society as a whole.

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