EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....

14 April 2021 | Ethics & Society

Macron wants Europeans to relax about data or be left behind in AI

Emmanuel Macron, President of France, is calling for Europeans to relax about the use of their data by AI companies to prevent those operating in the region falling behind their international counterparts. Citizens are increasingly concerned about their use of data, especially following the ongoing investigations into Facebook and Cambridge Analytica. AI companies, however, rely on the bulk collection of data for training machine learning models. Macron wants to ensure France is a leader...

21 March 2018 | Legislation & Government

Editorial: Facebook excluding the EU from AI advancement heralds a trend

EU regulations have forced Facebook to exclude citizens of member states from its new AI-powered suicide prevention tool, and it heralds a worrying trend. Facebook’s new suicide prevention tool aims to use pattern recognition to detect posts or live videos where someone might be expressing thoughts of suicide, and to help respond to reports faster. In a post announcing the feature, Facebook wrote: “We are starting to roll out artificial intelligence outside the US to help identify...

28 November 2017 | Artificial Intelligence