Subj : Some of the world's biggest tech firms have signed up to the EU's
To   : All
From : TechnologyDaily
Date : Thu Sep 26 2024 07:15:05

Some of the world's biggest tech firms have signed up to the EU's promise for 
safe AI

Date:
Thu, 26 Sep 2024 06:02:00 +0000

Description:
Google, Samsung and Microsoft among those signing up for voluntary 
commitments, but Meta has chosen not to.

FULL STORY
======================================================================

The EU has revealed over a hundred companies have signed up to its new 
Artificial Intelligence Pact , including tech giants such as Microsoft, 
Google, and Vodafone. 

The pact outlines a commitment to three core actions. The first is to adopt a 
governance strategy to encourage the deployment of AI in the organization and 
to work towards future compliance with the AI Act. 

Secondly, the firms agreed to identify and map AI systems which are likely to 
be classified as high-risk under the AI Act, these are the systems with the 
highest impact on people's lives, like critical infrastructure, employment 
services, and law enforcement. A temporary measure? 

Finally, the pact outlines a commitment to promote AI literacy and awareness 
amongst staff, to ensure responsible and ethical development. 

As a voluntary pledge, the pact is not legally binding, and companies who 
dont adhere will not face a penalty. Notably missing from the list was Meta - 
but the firm has said it is open to future discussions. 

However, the pact is a precursor to the previously mentioned AI Act, which is 
set to be introduced in 2026, and will be the largest legal framework for AI 
in the world. 

In 2026, its expected AI platforms will have to comply with copyright laws or 
face fines of up to 7% of global turnover. Systems identified as high risk 
will have to adhere to strict requirements, like activity logging, 
cybersecurity, and risk-mitigation systems. 

Big Tech has been the target of significant new EU legislation in recent 
times, with both the Digital Service Act and the Digital Market Act looking 
to curb the powers of tech firms and introduce stricter privacy regulations. 

The EU has proved it isn't afraid of handing out huge penalties to the 
organisations that dont comply with regulation, with companies like Apple 
simply opting not to roll out AI features in the EU over regulatory 
uncertainties. More from TechRadar Pro Check out our pick for the best 
firewalls around US government agency confirms it was hit by major ransomware 
attack Take a look at our picks for the best small business apps



======================================================================
Link to news story:
https://www.techradar.com/pro/hundreds-of-companies-sign-eu-artificial-intelli
gence-pact


--- Mystic BBS v1.12 A47 (Linux/64)
 * Origin: tqwNet Technology News (1337:1/100)

.