What will the EU’s proposed act to regulate AI mean for consumers?

How does the bill define AI, how will it protect consumers from abuse, and what do the big tech companies think about it?

The EU’s proposed AI act was endorsed by the European parliament on Wednesday, and is a milestone in regulating the technology. The vote is an important step towards introducing the legislation, which now requires the formal approval of ministers from EU member states.

Consumers will not notice an immediate difference, given that the act will be implemented over a period of three years, but it will answer some concerns over the technology.

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