Futures

The Global Challenge of Regulating AI, from (20230819.)

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Summary

Regulation of artificial intelligence (AI) is a topic of increasing importance, with experts and non-experts alike calling for legal guardrails around AI. The European Union (EU) is expected to pass its first broad AI laws this year, while China already has AI regulations in place. However, there is still disagreement on what needs to be regulated and how risky AI truly is. The United States, EU, and China have taken different approaches to AI regulation, with the EU being highly precautionary, the US being more hands-off, and China aiming to balance innovation with control. The future of AI regulation is uncertain, with challenges such as enforcement and international coordination needing to be addressed.

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Signals

Signal Change 10y horizon Driving force
Regulation of AI is becoming essential From minimal regulation to stricter More comprehensive and standardized Concerns over risks and ethical implications
EU is passing broad AI laws From limited regulation to extensive Clear guidelines and restrictions Protection of privacy and safety
US has been more hands-off on AI regulation From minimal regulation to stricter Potential implementation of regulations Balancing innovation and regulation
China has existing AI regulations in place From limited regulation to extensive Increased control and regulation Societal control and protection
Different approaches from key players From varied approaches to more aligned Consistent regulations and guidelines National interests and priorities
Uncertainties in global AI regulation From fragmented regulation to global Potential international agreements Lack of consensus and enforcement

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