After the first publication of the proposal on the operation of machine learning applications in 2021, on June 14th negotiations have started for the realization of the legislation in the EU Council. The EU countries are expected to reach an agreement by the end of 2023. The EU Act takes a risk-based approach and plans to avoid disproportionate prescriptions when executing the regulations.
Crossposted from u/ElrasX.
The first comprehensive ML law, is expected to come into force by early 2024