AI and the Law: Unraveling the Complexities of Regulatory Frameworks in Europe


Abstract views: 1235 / PDF downloads: 836

Authors

  • Naeem AllahRakha Tashkent State University of Law

DOI:

https://doi.org/10.59022/ibys.115

Keywords:

Artificial Intelligence, Regulatory Frameworks, Europe, GDPR, Privacy, Data Protection, Intellectual Property Rights, Liability, Innovation, Regulation, Cross-border AI Regulation, Future of AI Regulation

Abstract

This article investigates the legal and regulatory landscape of artificial intelligence (AI) in Europe. As AI technology rapidly advances, it poses novel challenges and opportunities for existing legal frameworks. The paper begins by exploring the current state of AI in Europe; focusing on how the General Data Protection Regulation (GDPR) and other laws shape the development and implementation of AI. Using a robust methodology that includes a literature review, comparative study, and case analysis, the study examines the legal and regulatory challenges in AI, such as privacy, data protection, intellectual property rights, and liability issues. It also delves into the different AI regulatory approaches across Europe, discussing the role of the European Union's AI regulatory framework and the challenges in cross-border AI regulation. The discussion section explores the delicate balance between innovation and regulation in AI and proposes potential directions for AI regulation in Europe. The article concludes by summarizing key findings, discussing the future of AI regulatory challenges and opportunities in Europe, and issuing a call to action for European policymakers, regulators, and AI developers.

References

Arner, D. W., Barberis, J., & Buckley, R. P. (2016). The Evolution of Fintech: A New Post-Crisis Paradigm. Georgetown Journal of International Law, 47, 1271-1319.

Buiten, M. V. (2019). Towards Intelligent Regulation of Artificial Intelligence. European Journal of Risk Regulation, 10(1), 41-59. doi:10.1017/err.2019.16

Gomber, P., Koch, J. A., & Siering, M. (2017). Digital Finance and FinTech: current research and future research directions. Journal of Business Economics, 87, 537-580. doi:10.1007/s11573-017-0852-x

Huang, Y. (2020). Regulation of Fintech: China’s Dilemma. Singapore Journal of Legal Studies, 2020, 45-66.

Allah Rakha, Naeem, “HOW THE EU CREATES LAWS”. Eurasian Journal of Law, Finance and Applied Sciences, Vol 2, Issue No. 6 (2022), pp. 4-9, https://doi.org/10.5281/zenodo.6615907

Mayer-Schönberger, V., & Cukier, K. (2013). Big Data: A Revolution That Will Transform How We Live, Work, and Think. Houghton Mifflin Harcourt.

Zetzsche, D. A., Buckley, R. P., Arner, D. W., & Barberis, J. N. (2018). From FinTech to TechFin: The Regulatory Challenges of Data-Driven Finance. New York University Journal of Law and Business, 14, 393-446.

Yeoh, P. (2014). Regulatory issues in crowdfunding: Is crowdfunding worth the risk? Singapore Journal of Legal Studies, 2014, 264-286.

Гулямов, С. (2020). Кибер право – как новая комплексная отрасль права. Гулямов Саид Саидахрарович, 1(1). Извлечено от https://gulyamov.org/index.php/said/article/view/112

Gulyamov, S., Rustambekov, I., Narziev, O., & Xudayberganov, A. (2021). Draft Concept of the Republic of Uzbekistan in the Field of Development Artificial Intelligence for 2021-2030. Yurisprudensiya, 1, 107-21.

Bernstein, D. J., & Lange, T. (2017). Post-Quantum Cryptography. Nature, 549, 188-194. doi:10.1038/nature23461

Published

2023-08-02

How to Cite

AllahRakha, N. (2023). AI and the Law: Unraveling the Complexities of Regulatory Frameworks in Europe. International Bulletin of Young Scientist, 1(2). https://doi.org/10.59022/ibys.115

Issue

Section

Articles