EU Poised to Enact Sweeping AI Rules With US, Global Impact (1)

The European Union is on the verge of passing sweeping artificial intelligence regulation—with teeth.

The European Parliament is scheduled to vote on the legislation March 13, and one of the lawmakers leading the legislation said he expects it to pass easily. Under the current timeline the law would largely take effect in 2026, although some provisions would kick in this year.

The Act would regulate different uses of AI based on risk. It includes prohibitions on certain use cases—such as “emotion recognition” systems in the workplace—which carry the highest fines: 7% of global revenue or 35 million euros (about $38 ...