Chaos or New Order? The EU Way of Regulating Artificial Intelligence

Abstract

The European Union (EU) has emerged as a leader in artificial intelligence (AI) regulation, with its recent White Paper on AI and proposed regulatory framework. This presentation explores the EU approach to AI regulation and its effectiveness in addressing the challenges posed by AI development. The presentation examines the EU's four pillars of trustworthy AI, an ecosystem of excellence, an adequate and flexible regulatory framework, and international cooperation. The presentation identifies five problems in EU AI regulation: lack of consensus on AI definition, balancing innovation and safety, bias and discrimination, accountability and liability, and enforcement challenges. The presentation discusses potential solutions and compares the EU's approach to global AI regulatory practices. The presentation concludes by discussing challenges and opportunities for future EU AI regulation.