The Council of EU has adopted its common position (‘general approach’) on the Artificial Intelligence Act. Its aim is to ensure that artificial intelligence (AI) systems placed on the EU market and used in the Union are safe and respect existing law on fundamental rights and Union values.

The draft regulation presented by the Commission in April 2021 is a key element of the EU’s policy to foster the development and uptake across the single market of safe and lawful AI that respects fundamental rights.

The proposal follows a risk-based approach and lays down a uniform, horizontal legal framework for AI that aims to ensure legal certainty.  It promotes investment and innovation in AI, enhances governance and effective enforcement of existing law on fundamental rights and safety, and facilitates the development of a single market for AI applications. It goes hand in hand with other initiatives, including the Coordinated Plan on Artificial Intelligence which aims to accelerate investment in AI in Europe.

This article was published in Council of EU’s press release. Please click on this link to read the full article.