Artificial intelligence is currently disrupting and revolutionizing almost every global industry. With the development of several advanced technologies revolving around AI, the technology is gaining the potential to improve several aspects of our lives. But it does not come without risks! As technology progresses, the amounts of AI algorithms are on the rise! Swathes of experts are warning users about the potential dangers that revolve around artificial intelligence. There are several tech fanatics who believe these claims are false and poorly exaggerate the impact of AI on our daily lives, but it seems like the EU takes up these warnings quite seriously, as it moves forward to curbing all AI threats to humanity.

Politicians serving the European Union are planning to introduce its first comprehensive global infrastructure for regulating AI. Since more global institutions are moving towards automating routine and monotonous tasks in an attempt to boost efficiency and cut operational costs, more businesses are falling prey to the harmful AI algorithms that aim to threaten them. The upcoming framework termed the Artificial Intelligence Act, will be levied across all EU borders, like the EU's General Data Protection Regulation that applies to all areas including UK banks and the ones who serve the EU legislation.

EU officials expect that the extra regulation and monitoring of AI algorithms on the different types of AI models that can be produced and used will definitely adjust the kind of machine-based discrimination that influence the most important decisions in our lives. With this upcoming regulatory infrastructure, experts believe AI users might experience massive benefits, starting from open access to quality, truthful news, and others.