As the global race for AI paces each day, nations increasingly grapple with the challenges presented by this rapidly emerging dynamic technology. Amid these challenges, Italy’s government marked a significant stride today, pondering stricter penalties for crimes that use AI tools, encompassing market rigging and money laundering activities under its umbrella. This move by Italy further positions the nation among the top pioneers globally that ensure AI’s safe and well-regulated use.
Diving Deep Into Italy’s Scrutinized Approach
In a 25-article draft bill presented today, the Italian regulatory authorities ruled out general principles “on research, experimentation, development, adoption and application” of AI in Italy. According to a report, this is a measure to cope with “the impact of AI risks on fundamental rights,” along with related economic and social risks surrounding the tech.
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