Last month the European Commission (EC) released its far-reaching proposal for regulating artificial intelligence (AI), the “Artificial Intel

Amid US-China Competition over AI Capabilities, EU Projects Regulatory Power

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2021-07-09 11:30:04

Last month the European Commission (EC) released its far-reaching proposal for regulating artificial intelligence (AI), the “Artificial Intelligence Act.” Intended to create a unified set of rules across the European Union (EU), the Act marks one of the first serious attempts in the world at creating an overarching regulatory framework for AI.

The Act also complicates predictions of a bipolar AI world in which Washington and Beijing vie for dominance while the rest of the world looks on passively. Instead, the new EC draft regulations could steer us toward a tripolar AI landscape . While America and China are push ing the limits of AI in different ways , Europe is act ing as the lead regulator to ensure that AI is deployed in safe and responsible ways.

Regulatory power is real power, and Brussels has already proven itself to be a highly influential rule – sette r for technology . Recent European technology regulations—such as the General Data Protection Regulation (GDPR)—have been imitated by other countries, and the AI Act will likely have similar ripple effects.