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New EU Rules on AI: What You Need to Know
European UnionMonday, February 3, 2025
Italian politician Brando Benifei pointed out that the key focus of these bans is protecting democracies from AI related threats. Giant fines up to $35. 8 million or 7% of global annual revenue could apply if the rules are ignored.
Another important voice is Nathalie Smuha, an assistant professor focusing on AI ethics at KU Leuven University. She thinks the law might not be strict enough to make a real difference. She also questions if a law with so many exceptions can even be called a prohibition. Clearly, it will be a test if this law passes the critical eye or not.
One thing to note is that technology is always advancing. People are always thinking of ways to push legal boundaries. This means that any law on AI might need updates even more frequently than other types of laws. So these new AI rules that have just started, will not necessarily be the be-all and end-all at the end. There will be many changes to be made. Whether they will be enough is the million dollar question in this evolving world of AI ethics where the stakes are getting higher for each mistake. We need to think critically about this law and how it will affect our future.
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