What does the EU AI legislation mean for jobs?

▤ Summary

One of the main talking points of 2023 has, of course, been the new generation of artificial intelligence (AI). A significant portion of media coverage during the first half of the year proposed a fantastical leap between generative AI and tyrannical, self-aware machines akin to something out of Black Mirror, The Matrix or any one of thousands of science fiction stories. It made for good content, but common sense eventually set in and the conversation moved on to the here and now. The merriment above notwithstanding, the technology does have the capability to cause significant harm in the wrong hands, including unscrupulous businesses. That is why the EU has been racing to draw up an act that regulates the use of AI in all contexts––a tall order, given that it’s still not fully known just how far it will go, or how fast.

▦ Linked Companies

Microsoft

$1B+