Fortune

AI’s Battle Shifts to the Corridors of Power

BY MIDNIGHT, all the cookies had been eaten. The vending machine was out of coffee. The sandwiches ordered in for dinner were long gone. Still, about 700 lawmakers remained holed up inside the European Union’s soaring executive chamber in Brussels. Finally, as the sun rose on an icy Dec. 8, 2023, they staggered home to nap and shower before returning for a further 17 hours, until—out of exhaustion or expediency—they agreed on a package of laws about one of the thorniest issues on which they had ever voted: artificial intelligence.

The marathon negotiations over the EU’s AI Act, as it’s now known, were among the most intensive in the bloc’s memory, and produced the world’s first rule book for a sprawling new technology with seismic implications. The EU’s 27 member nations were hardly alone in trying to pull off this legislative feat. President Joe Biden last October issued an executive order, setting out guidelines

You’re reading a preview, subscribe to read more.

More from Fortune

Fortune2 min read
How One City Became A Business Epicenter
JUST 25 MILES NORTH OF DALLAS, THE CITY OF Frisco has become a go-to destination for residents, workers, and business. Over the past three decades, this once small community has become one of the fastest growing cities in America. Situated in the Dal
Fortune2 min read
How Gen Zers and Millennials Are Transforming Business
GEN ZERS AND MILLENNIALS ARE EXPECTED TO comprise 72% of the global workforce by 2029, according to the World Economic Forum. The aspirations and expectations that these generations have for their careers are critical for business leaders to understa
Fortune2 min read
Meet The Class Of 1955
ALMOST 10% OF THE COMPANIES on this year’s Fortune 500—49 in all—have made our list of America’s biggest businesses by revenue every year since its first edition, in 1955. All 49 are highlighted in these graphics, which also show their size relative

Related Books & Audiobooks