ARTIFICIAL INTELLIGENCE ACT: AGREEMENT REACHED TO REGULATE THE USE OF ARTIFICIAL INTELLIGENCE IN EUROPE
π· The European Parliament and the Council have reached a first agreement on the proposal relating to the regulation of the use of Artificial Intelligence systems. The European Union, after China, will therefore be the first country to equip itself with a regulatory framework on the matter. π΅ Following the political agreement, the ball then passes to the technicians for the drafting of the definitive text, which could see the light around mid-2024. π· The Artificial Intelligence Act aims to combine the need for AI systems placed on the market to be able to guarantee fundamental rights and EU values, with the aim of stimulating investments and, therefore, cutting Europe an industry-leading role. π΅ The basis always seems to be that of a harmonization, i.e. an ex ante protection which takes the form of processes for measuring the level of risk that AI systems can present with respect to fundamental human rights. The greater the risk, the more stringent the rules. π· In a note from the European Parliament we read that ” π ππππ ππ πππ‘π πππ πβππ (π πππ’π π πππ ππ ππ π πππππππππ‘ππ£π πππ‘πππ§ππππ πππππ ππππ π πππ’π‘π, ππππ π πππ’πππ§π§π, ππ πππππ‘ π‘π πππππππππ‘πππ, πππ’πππππππ‘π, ππππ ππππππππ§ππ π ππππ ππ‘ππ‘π ππ πππππ‘π‘π ), π πππ π π‘ππ‘π πππππππππ‘π ππππππβπ πβπ πππβ. In particular, among the requirements was included ” πππ‘ππππ π π’π πππππ‘π‘π πππππππππ‘πππ, π ππππππππππ πππβπ ππ π ππ‘π‘πππ ππ π πππ’π ππ‘ππ£π π ππππππππβ. π΅ Important news also regarding biometric identification systems (RBI) in spaces accessible to the public, the use of which will be limited to specific crimes, subject to authorization from the judicial authority. π· In case of violation of the Regulation, there are financial penalties set as a percentage of the global annual turnover in the previous financial year or, if higher, for a fixed amount. Precisely, 35 million Euros or 7% for violations relating to prohibited AI applications, 15 million Euros or 3% for violations of the obligations of the AI Regulation and 7.5 million Euros or 1.5 % for providing inaccurate information. On the other hand, more proportionate ceilings are also foreseen for administrative fines for SMEs and start-ups.