EU AIA: agreement on Europe’s new AI regulatory opus
The EU Council and Parliament agreed on December 8, 2023 to a ground breaking, but controversial, law (the AIA) to regulate certain AI systems. The Commission proposal, originally presented in April 2021, is a key element of the EU’s policy intended to foster the development, investment and uptake across the EU of safe and lawful AI that respects fundamental rights and mitigates risks associates with AI systems. It does so by classifying AI systems in categories deemed too unacceptable to be used, AI systems that are “high risk” or pose “systemic risks”, or those with lesser risks that still require at least some level of regulatory control, and regulates them according to that classification.…