The best way to regulate artificial intelligence? The EU’s AI Act
... As the Industry, Research and Energy (ITRE) Committee rapporteur, I welcome the European Commission’s proposal on an AI Act. ...
The proposal by the European Commission, however, does not go far enough in helping companies compete in return for the many obligations expected from them. This applies especially to start-ups and SMEs – Europe’s most competitive and desired companies – and therefore undermines the legitimacy and relevance of the AI Act. We need to provide companies with clearer guidelines, simpler tools and more efficient resources to cope with regulation and to innovate.
I therefore will work to enhance measures supporting innovation, especially those helping start-ups and SMEs. I am especially worried that the current state of the regulatory sandboxes is too cumbersome, which defeats the purpose of this highly important tool in developing AI that works “on the ground”.
In addition, I will try to provide a clear and more concise definition of an artificial intelligence system with an emphasis on establishing clear oversight on how to change this definition in the future. Next, I want to set high but realistic standards for cybersecurity and data that allow for the best mix of safety and usability. Finally, I want to future-proof the AI Act. This means better linkages to the other parts of digital policy, to the green transition and to the international stage, as well as anticipating possible changes in the AI industry, AI technology and the power of AI. ...
Finally, we should not make a mistake that the EU has made again and again: writing a law is important but implementing and enforcing it will be key. ...
See the full story here: https://www.theparliamentmagazine.eu/news/article/the-best-way-to-regulate-artificial-intelligence-the-eus-ai-act
