Europe takes another big step towards agreeing an AI rulebook
TechCrunchAPR 22 2023
The Spin
Narrative A
The EU has a moral duty to push the AI Act through as soon as possible to protect the common good and address the risks inherent to the absurd proposal to refrain from regulating foundation models. Otherwise, one of the biggest scandals in its history will have taken place as lobbyists would have co-opted institutions to promote non-European interests.
Narrative B
Despite its downsides, self-regulation remains the best policy course to deal with AI, even compared to well-intentioned government regulation. The very complex nature of the controversial technology and its dynamic pace would make it challenging and costly to enforce government-imposed guidelines. Additionally, countries that over-regulate may lag behind in the global AI race.