The European Union's Artificial Intelligence Act (AIA) is expected to serve as a blueprint for global rules on the development and use of AI. The AIA is the world's first comprehensive AI law and aims to ensure that AI is developed and used in a way that is safe, trustworthy, and ethical. The AIA has been praised by experts for its ambitious approach and its potential to set a new standard for AI governance.
In particular, the AIA's approach to risk-based regulation is seen as a model that could be adopted by other jurisdictions. The AIA classifies AI systems according to the risk they pose to users and places different obligations on developers and users of AI systems of different risk levels. This approach is seen as a way to ensure that AI is regulated in a proportionate and risk-based manner.
The AIA's emphasis on transparency and explainability is also seen as a positive step. The AIA requires that developers of certain high-risk AI systems make it possible for users to understand how the AI system works and to challenge its decisions. This is seen as a way to build trust in AI and to ensure that users are not unfairly disadvantaged by AI systems.
The AIA is still under development, but it is already having a significant impact on the global AI landscape. The EU has been actively promoting the AIA internationally, and it has already been adopted as a model by some other jurisdictions, such as Singapore. The AIA is also likely to influence the development of AI standards and guidelines by international organizations such as the World Economic Forum and the International Telecommunication Union.
Overall, the EU's Artificial Intelligence Act is a groundbreaking piece of legislation that is expected to have a significant impact on the development and use of AI around the world. The AIA's risk-based approach, emphasis on transparency and explainability, and international leadership are all seen as positive steps towards creating a safer and more trustworthy AI ecosystem.