European Union lawmakers have passed the world’s first comprehensive regulation for artificial intelligence called the AI Act. The rules won’t take effect until 2025 at the earliest. The new law still needs to be approved by the European Parliament, though that will be a formality. Currently, there are no specific laws in India with regard to regulating AI. In fact, IT minister Ashwini Vaishnaw recently informed Parliament that the Centre is not planning to regulate the growth or set any laws for AI in the country.