The EU’s AI Act is now in force
TechCrunchAUG 2024
Having witnessed a series of voluntary agreements in the UK and South Korea, the shift to legally binding commitments is a welcome step forward in the bid to appease growing concerns over the dangers AI may pose to humanity. While tech regulation is not without its critics, and questions remain over ensuring effective implementation, the treaty is nonetheless a landmark milestone.
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There is a 62% chance that an international AI regulatory agency for the oversight of transformative AI systems will be established before 2030, according to the Metaculus prediction community.