EU Leads Global AI Legislation: Setting the Bar High

European politicians in two key committees have approved new rules to regulate artificial intelligence (AI), setting the stage for the world's first legislation on the technology. The legislation aims to ensure AI compliance with fundamental rights and foster innovation while positioning Europe as a leader in the AI field. Tech companies have expressed reservations, but the law mandates disclosure of data used to train AI systems and testing of high-risk applications. The legislation is expected to serve as a global benchmark for navigating the AI landscape.