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EU Makes History: First Major Law to Regulate AI
The European Union has taken a historic step by passing the world’s first major legislation to regulate artificial intelligence (AI). The new law will categorize AI into different risk levels, with the highest-risk AI subject to the strictest scrutiny (CNBC). The law is set to go into effect in May 2024.
Mixed Reactions to New AI Regulations
The new regulation has been met with mixed reactions. Some experts argue that it will stifle innovation in the field of AI. Others argue that it is necessary to safeguard human rights and prevent the misuse of AI.
Limited Resources for AI Expertise
Pacific Island nations may face challenges complying with complex AI regulations due to limited resources for AI expertise. The EU’s regulations might necessitate acquiring specialized knowledge or collaborating with external partners to ensure adherence to the new standards. This could potentially hinder the implementation of AI in the Pacific Islands if sufficient resources aren’t available. The need for local expert continues to rise by the day for trusted professionals to help us navigate these unknown waters.
Source: CNBC
*An AI tool was used to add an extra layer to the editing process for this story