European Parliament adopts Proposal on the Regulation of AI technologies

Given artificial intelligence’s popularity among sci-fi movie makers and authors, it needs little introduction in today’s digital era. It also comes with no surprise that what used to be a fictitious concept has gradually turned into reality. Stephen Hawking once warned that the rise of AI could spell the end of the human race. Yet, his cynical view on AI didnot seem to have put a stop to the development of AI technology, which has been thriving in an unabated pace for the past few years. The EU parliament is among the first institutions to put forward a draft regulation outlining the framework of ethical principles and legal obligations to be followed when developing, deploying and implementing AI and related technologies in the EU. The EU Commission legislative proposed is expected in early next year.

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