European Elites Gather, Discuss the Fate of Future Technology Tech – 16 hours ago

Jakarta, CNBC Indonesia – European Union lawmakers met and agreed on important parts of new regulations regarding artificial intelligence (AI) technology. This is a sign that European elites have begun to find a bright spot in formulating an AI Law.

After two years of negotiations, the bill was approved by the European parliament in May 2023. The draft AI regulations now need to be approved through a meeting between parliament and EU countries to discuss the final version of the rules.

At a meeting held on Tuesday (24/10), members of parliament approved most of Article 6 of the draft AI Law, which has so far been quite difficult to reach an agreement on.

Sources that provide information to Reuters declined to provide further details about what had been agreed.

In the bill, section 6 outlines the types of AI systems that would be designated as “high risk”, and therefore subject to stricter regulatory oversight.

The recent debate over high-risk applications has centered on discussions of whether AI applications perform only “accessory” tasks or are more crucial.

AI systems can be considered mere accessories when used to perform relatively minor tasks after human decision-making, such as organizing documents or translating text from one language to another.

Before the meeting, Reuters reported that European lawmakers have not yet agreed on several issues so any deal will not be discussed until December.

Dragos Tudorache and Brando Benifei, members of the European Parliament and co-authors of the EU AI law, said they were confident a deal could be reached at the fifth trilogue to be held in early December.

“We are making significant progress,” said Benifei, quoted by Reuters, Thursday (26/10/2023).

“If the board shows a constructive approach, we can approve it (at the trilogue level) by the end of the year,” he added.

Failure to reach a deal could delay talks early next year, raising the risk that discussions will be further hampered by European parliament elections in June.

[Gambas:Video CNBC]

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