AI Regulations Are HERE!! EU Plans For Artificial Intelligence!

Jun 29, 2023

Hey Guys,

Not sure if you’ve noticed, but governments around the world are slowly but surely starting to roll out AI regulations. This is because they’re slowly but surely starting to realise that they need to control this technology before it’s too late.

The EU looks like its on track to be the first to introduce AI regulations, and that means that it could become the de facto gold standard once other countries start to follow suit. To their credit, the folks at the EU did a good job with this one.

It’s too soon to celebrate though. It seems that the AI Act has a couple of more hoops to jump through. Given that there haven’t been many changes to the text since it was introduced, it’s safe to say it’s going to look similar to what it does today.

But who knows, maybe the AI lobbyists will change it again…

Enjoy!

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⛓️ 🔗 Useful Links 🔗 ⛓️

► EU Parliament Passes AI Act: https://www.cnbc.com/2023/06/14/eu-la...

► OpenAI Lobbied To Change EU AI Regulations: https://time.com/6288245/openai-eu-lo...

► High Risk AI According To The EU: https://digital-strategy.ec.europa.eu...

► AI Act Fines For Non Compliance: https://www.huntonprivacyblog.com/202...

► AI Act Updates Tracker: https://artificialintelligenceact.eu/

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.