EU Approves New Artificial Intelligence Regulation, Paving the Way for Safe and Competitive AI Development

Is the EU’s AI regulation a concern for Finnish healthcare? STM sees it as a competitive edge

The European Union (EU) has finally approved its new regulation on artificial intelligence, allowing member states to create their own national AI legislation. This is a positive step towards creating a safe regulatory framework that respects fundamental rights and provides a competitive advantage in AI development.

Finland played a significant role in negotiating the details of the regulation, particularly concerning health and safety sectors. Social care and healthcare are categorized as high-risk areas for AI use according to the regulation, which prohibits real-time biometric monitoring and profiling based on sensitive characteristics. The stricter the societal risks associated with an AI system, the more stringent the regulation will be.

The regulation also requires clear labeling of content created with artificial intelligence, addressing concerns around pre-written analytics systems and potential heavy regulation for public administration decision-making systems. This regulation is designed to harmonize requirements for medical devices and prevent duplication of work, providing clarity for developers and users alike.

With the completion of this EU’s artificial intelligence regulation, member states can now develop their own national AI legislation that will clarify concerns around applying AI in various sectors such as healthcare. The atmosphere in Finland is hopeful for the future of AI development under this new regulatory framework.

Sophia Reynolds

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