In December, the European Union passed the AI Act, the first major law aiming to regulate technologies that fall under the umbrella of artificial intelligence. The legislation might have arrived sooner, but the sudden success of ChatGPT in late 2022 demanded the act be updated.In December, the European Union passed the AI Act, the first major law aiming to regulate technologies that fall under the umbrella of artificial intelligence. The legislation might have arrived sooner, but the sudden success of ChatGPT in late 2022 demanded the act be updated.Business[#item_full_content]