Hustler Words – Despite a concerted lobbying effort from over 100 tech companies, including giants like Alphabet, Meta, Mistral AI, and ASML, the European Union remains steadfast in its commitment to the AI Act’s timeline. A report from hustlerwords.com reveals that the EU will not delay the implementation of its landmark AI legislation, dismissing calls for a pause or grace period. European Commission spokesperson Thomas Regnier emphatically stated, "There is no stop the clock. There is no grace period. There is no pause."
This risk-based approach categorizes AI applications into three tiers: unacceptable risk, high risk, and limited risk. "Unacceptable risk" applications, such as those employing cognitive behavioral manipulation or social scoring, are outright banned. "High-risk" applications, encompassing biometrics, facial recognition, and AI used in education and employment, will face stringent registration and risk management requirements for EU market access. "Limited risk" applications, such as chatbots, will be subject to lighter transparency obligations.
The phased rollout of the AI Act, initiated last year, is set to conclude by mid-2026. The EU’s unwavering stance underscores its determination to regulate AI responsibly, even amidst pressure from powerful tech players who argued that the Act would hinder Europe’s competitiveness in the rapidly evolving AI landscape. The EU’s decision sets a significant precedent for global AI regulation, signaling a commitment to prioritizing ethical considerations alongside technological advancement.
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