Italy considers tougher penalties for AI-related crimes

FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

MILAN/ROME (Reuters) -Italy's government is mulling tougher penalties for crimes using Artificial Intelligence (AI) tools including market rigging and money laundering, according to a draft law bill seen by Reuters on Tuesday.

The 25-article draft bill lays down general principles "on research, experimentation, development, adoption and application" of AI in Italy, to cope with "the impact on fundamental rights" and related economic and social risks.