Getty Images
- The EU Parliament has approved the Artificial Intelligence Act.
- The act, born in 2021, plans to categorize AI risk and ban unacceptable use cases.
- One AI expert said it risks creating "AI policy tax havens" as countries try to attract investment.
The European Union is forging ahead with its plans to regulate artificial intelligence.
On Wednesday, the European Parliament approved the Artificial Intelligence Act, with 523 votes in favor, 46 against, and 49 abstentions.