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A quick guide to the most important AI law you’ve never heard of

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https://www.technologyreview.com/2022/05...ct-europe/

INTRO: It’s a Wild West out there for artificial intelligence. AI applications are increasingly used to make important decisions about humans’ lives with little to no oversight or accountability. This can have devastating consequences: wrongful arrests, incorrect grades for students, and even financial ruin. Women, marginalized groups, and people of color often bear the brunt of AI’s propensity for error and overreach.

The European Union thinks it has a solution: the mother of all AI laws, called the AI Act. It is the first law that aims to curb these harms by regulating the whole sector. If the EU succeeds, it could set a new global standard for AI oversight around the world.

But the world of EU legislation can be complicated and opaque. Here’s a quick guide to everything you need to know about the EU’s AI Act. The bill is currently being amended by members of the European Parliament and EU countries.

What’s the big deal? The AI Act is hugely ambitious. It would require extra checks for “high risk” uses of AI that have the most potential to harm people. This could include systems used for grading exams, recruiting employees, or helping judges make decisions about law and justice. The first draft of the bill also includes bans on uses of AI deemed “unacceptable,” such as scoring people on the basis of their perceived trustworthiness.

The bill would also restrict law enforcement agencies’ use of facial recognition in public places. There is a loud group of power players, including members of the European Parliament and countries such as Germany, that want a full ban or moratorium on its use in public by both law enforcement and private companies, arguing that the technology enables mass surveillance.

If the EU manages to pull this off, it would be one of the strongest curbs yet on the technology. Some US states and cities, such as San Francisco and Virginia, have introduced restrictions on facial recognition, but the EU’s ban would apply to 27 countries and a population of over 447 million people... (MORE - details)
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