world_organizations hard True/False

The EU's Artificial Intelligence Act, adopted in 2024, establishes a risk-based regulatory framework for AI systems, prohibiting unacceptable risks (e.g., social scoring), imposing strict requirements on high-risk applications (e.g., recruitment, law enforcement), and promoting innovation through sandboxes for low-risk AI.

  1. True
  2. False

Answer: True

The AI Act is the world's first comprehensive AI law. It balances innovation and fundamental rights: banning manipulative AI, ensuring transparency in chatbots, and requiring human oversight for critical decisions. By setting global standards, it influences AI governance worldwide while fostering trustworthy European AI ecosystems.

Topic European Union
Exam Relevance UPSC, Banking, SSC
More world_organizations Questions Back to all questions