The EU Council approved the first-ever worldwide AI regulation focusing on risk-based governance, banning high-risk practices like social scoring and biometric categorization to protect fundamental rights. A new global standard for AI is set. https://www.consilium.europa.eu/en/press/press-releases/2024/05/21/artificial-intelligence-ai-act-council-gives-final-green-light-to-the-first-worldwide-rules-on-ai/ #AIRegulation #EU