The EU's Artificial Intelligence Act: A Pragmatic Approach - Techonomy

The European Union has introduced a proposal to regulate the development of AI, with the goal of protecting the rights and well-being of its citizens. The Artificial Intelligence Act (AIA) is designed to address certain potentially risky, high-stakes use cases of AI, including biometric surveillance, bank lending, test scoring, criminal justice, and behavior manipulation techniques, among others. The goal of the AIA is to regulate the development of these applications of AI in a way that will foster increased trust in its adoption. Similar to the EU's General Data Protection Regulation (GDPR), the AIA law will apply to anyone selling or providing relevant services to EU citizens. GDPR spearheaded data privacy regulations across the United States and around the world.