EU ministers last week unanimously gave their final approval to the Artificial Intelligence Act (AI Act), a landmark new law that regulates the use of the transformative technology in “high-risk” situations, such as law enforcement and employment. “This landmark law, the first of its kind in the world, addresses a global technological challenge that also creates opportunities for our societies and economies,” Belgian Secretary of State for Digital Affairs Mathieu Michel said . The European Union’s regulation allows or prohibits the use of AI depending on the risk it generates for people and id…