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Governments worldwide are struggling to manage the rapid growth of artificial intelligence (AI), which offers economic benefits but also poses significant risks. The European Union has taken a pioneering step with its Artificial Intelligence Act, the first comprehensive law aimed at regulating AI risks. This legislation serves as a model for other nations, including Australia, as they seek to ensure AI is safe and beneficial for society.
AI technology is already embedded in daily life, influencing everything from entertainment recommendations to surveillance systems. However, its misuse, such as in the case of Clearview AI's privacy violations, highlights the urgent need for effective regulation. The EU's risk-based approach categorizes AI systems by their potential harm, setting a precedent for how countries can structure their own AI regulations.
• EU's Artificial Intelligence Act is the first comprehensive AI regulation globally.
• Clearview AI's privacy violations underscore the need for better AI regulation.
This act categorizes AI systems based on their risk levels to health, safety, and human rights.
The act includes regulations on its use, particularly in law enforcement, due to privacy concerns.
The potential for misuse in creating misleading content raises significant ethical and legal issues.
Its practices have raised significant privacy concerns, leading to regulatory scrutiny.
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