The rapid development of artificial intelligence promises to bring rewards to a wide range of sectors, from better healthcare to cleaner transport and more efficient manufacturing. But it also presents policymakers across the world with a challenge to ensure the technology flourishes in a safe and predictable way. European Union lawmakers are working to pass the world’s first comprehensive AI law, the AI Act, which promises to regulate the technology according to the risks its applications pose. There is broad agreement across the world on the risks the technology poses and the need to move quickly.
To shed light on this fast-moving area of policy, Dods Brussels-based digital consultant has produced the following report which sets out the regulatory approach in the EU, including stakeholder reactions, and a look ahead to expected next steps.