EU has recently release a proposal for regulating the use of AI in companies and regulations. As far as I can see, it is modelled on the GDPR regulations: Assigning responsibility to board and top management, sanctions expressed in terms of percentages of revenues, and (hopefully) som sort of “safe harbor” rules so you can be somewhat confident in that you are not doing anything wrong.
An interesting aspect here is that the EU is early with regards to the use of AI (yes, I know “AI” is a really diffuse concept, but leave that be for a moment) and is again taking the lead in regulation where Silicon Valley (and China) leads in implementation.
This means that managers, board members and researchers will need to learn more. I plan to do this by attending a webinar at Applied Artificial Intelligence Conference 2021. This webinar (May 27, at CDT 1430-1600) is open for everyone who registers. It will be facilitated by Elin Hauge, who is a member of one of the EGN networks I lead.
Recommended – see you there!