Decoding the impact of the world’s first law on Artificial Intelligence

Experts are confident: Artificial Intelligence (AI) is a powerful tool that will shape the future in a big way. The European Union has even developed a set of rules called the AI Act to guide how countries worldwide should use AI.

To get what AI is all about, think of it as brilliant technology. It’s not just a computer; it’s a tech that can think and learn independently. This AI Act is a bit like a guidebook for using AI responsibly, and it’s becoming a model for other countries to follow.

Let’s step back for a moment. Throughout history, humans have had these game-changing inventions that shake up how we think. First, there was language, then writing, and later on, we got things like radio, TV, and the internet. Now, AI is the new big thing.

Interestingly, some folks back in ancient times, like Plato, were sceptical about new inventions, just like some people today are unsure about AI. Plato thought writing would mess up our memory and make our brains weaker. But over time, we realised that writing helps us remember things better, and without it, we might not even have Plato’s writings today.

So, why is the EU making rules for AI? Well, it’s like when you have a fantastic new toy, but you need to ensure you use it correctly. With the AI Act, the EU aims to guarantee the responsible use of AI in areas like healthcare, transportation, and production to achieve positive outcomes. It’s all about making sure AI helps us, not causes problems.

But, just like with the internet, there’s a risk that people might misuse AI. They could spread fake information or do bad things. Some AI can even create fake people that seem real, like in that video of Emma – The AI Robot.

That’s why the EU is moving fast with the AI Act. They want to set some ground rules before things get out of control. Their idea is to ensure that AI is used in ways that do not harm people, are fair, and can be understood. They’re even thinking about putting a “digital watermark” on AI-generated stuff so we can tell when AI makes it.

The rules will roll out in three stages, starting in March 2024. They’ll make sure the riskier uses of AI are under control. For example, when AI makes big decisions, like who gets a job or a loan, there will be rules to ensure it’s fair and doesn’t discriminate against anyone.

So, in a nutshell, the AI Act is like a set of guidelines to ensure Artificial intelligence is used responsibly benefits everyone, and doesn’t cause any problems. We’ll learn more when the final rules come out in March, and experts will share their thoughts on what it all means.



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