The EU Artificial Intelligence Act

The Artificial Intelligence Act is a European Union regulation that establishes a common regulatory and legal framework for AI within the EU. The act covers all types of AI across a broad range of sectors, and - aside from exemptions for national security, military, research, and non-professional purposes - classifies AI applications by their risk of causing harm: unacceptable, high, limited, and minimal risk. Depending on their level of risk, AI applications may be banned outright or required to comply with security, transparency, and quality obligations. The act also established a European Artificial Intelligence Board to ensure compliance and promote national cooperation.