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The EU promised to lead on regulating artificial intelligence. Now it’s hitting pause. - politico.eu
The European Union (EU) vowed to lead in the regulation of artificial intelligence (AI). However, it seems that pledge has been momentarily halted.
There has been a drive by the EU to regulate AI technology to ensure it can flourish without posing existential threats. In 2021, the EU created a legal framework for AI to ensure responsible innovation. The goal was to create a balance between protecting individuals from potential harm and giving businesses enough freedom to innovate with AI technology.
However, recent events have caused the EU to hit the pause button on its plans. The reason behind this move is linked to the geopolitical tension, particularly the tensions between the EU and the US. Talks between the two have hit a snag.
The US Commission's latest proposal suggests that the European approach to AI regulation contradicts the US approach. This difference in policies has led to a significant delay in regulation agreement between both parties.
The EU had hoped to be a leader in AI regulation. The halt in talks between it and the US has stalled this process. However, it is not entirely a bad thing. It allows for more time to engage in constructive dialogues and establish stronger global guidelines for AI regulation. The EU will also have more time to consider and learn from other regions' approach to AI regulation.
This hiatus is just a pause, not a stop entirely. The EU is still committed to developing a robust AI regulation. But it needs to ensure that its regulations will harmonize with global standards.
Overall, it's essential for the EU not to rush the process of regulating AI technology. By hitting pause, it is ensuring that it’s not making impulsive decisions that would hinder the future of AI development in the region, but instead, giving it enough time to take proactive measures that could lead to a safer and more
Source: "artificial intelligence" - Google News, Link
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