This will resolve YES if the Artificial Intelligence Act enters into force by end of 2024 (Brussels time). Otherwise this will resolve NO. The AI Act will go into force 20 days after it's publication.
The Artificial Intelligence Act is a regulation proposed by the European Commission that aims to establish a common regulatory framework for artificial intelligence across all sectors, excluding military. It classifies AI applications based on their risk level and regulates them accordingly, with low-risk applications facing the least amount of regulation. Medium to high-risk AI applications would require conformity assessment before being put on the market, while some applications such as remote biometric recognition and social credit scoring would face a ban or authorisation requirements. The AI Act is sometimes compared to the GDPR in its scope and global ambition.
@hominidan I won't resolve this market until the law is published, but yes it looks like a pretty sure thing to me. I don't like to bet in my own markets but someone should probably correct these two markets to almost zero because they didn't happen:
The final step (plenary vote) scheduled to March https://www.dataguidance.com/news/eu-european-parliament-ai-act-plenary-vote-moved-march
EP committees expressed support in a 71:8 vote
Copilot says:
Provisional Agreement: After three days of “marathon” talks, on 9 December 2023, the Council and Parliament reached a provisional agreement on the AI Act23.
Harmonized Rules: The AI Act aims to harmonize rules on AI systems, ensuring they are safe and respect fundamental rights and EU values23.
While the exact date of its final passage is not specified, the provisional agreement indicates substantial progress, and further steps will follow to formalize its adoption.
I may have to change my bet.
@xyz I’ve paid M$500 each on this and the market until end of 2023. They’ve both been running about a day now, here’s the analytics for this one:
Funds left Ṁ65 (13 redeems)
Total Impressions 520 (199 unique)
Impressions since campaign start 420
Redeems 87
I’ve glanced at it a couple times throughout the day too and I feel like the number of paid redeems and people who bet has been about 4:1 proportional throughout. So my assumption is that there’s still some way to diminishing returns.
@ElliotDavies The good news is that the new boosting system seems to work beautifully here!