Explainer-What's next for the EU AI Act?


FILE PHOTO: Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

STOCKHOLM/BRUSSELS/LONDON (Reuters) - European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rules aimed at establishing guardrails for the rapid development of AI and setting a global standard in technology regulation.

The long road to the EU AI Act started in early 2021, with multiple drafts passing between the bloc's three political arms. It will take many more months before it becomes law and two more years before its impact will be felt by industry.

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