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EU’s AI Act challenge: balance innovation and consumer protection

22
May
2023
EU’s AI Act challenge: balance innovation and consumer protection

image credit: unsplash

The AI Act is a work in progress since 2021, and discussions about how strongly AI should be regulated are only heating up in the EU. While some call for more control and rights for consumers, others fear rules could stall the innovation engine.

Members of the EU Parliament have agreed on a first draft for regulating the use of AI. The AI ​​Act is now taking the next procedural step to be negotiated and worked out with individual member states. In the end, there should be an EU-wide body of law to regulate the use of AI technologies, such as ChatGPT.

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