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To embed, copy and paste the code into your website or blog: The week of April 19 was an eventful one for practitioners following the evolution of potential artificial intelligence (AI) enforcement both in the United States and abroad, answering some questions regarding which regulators were going to take a more active and prospective role in regulating and advising on AI use and what those roles might look like. In addition, and perhaps more importantly for advisers and their clients, the announcements from the U.S. Federal Trade Commission (FTC) and the European Commission (EC) provided in...

Artificial intelligence - Image by Alejandro Zorrilal Cruz (BRUSSELS) - The EU Commission proposed Wednesday a first-ever legal framework on artificial intelligence, with guarantees of safety and fundamental rights while strengthening AI uptake, investment and innovation. At the same time, new rules on machinery are set to complement this approach by adapting safety rules to increase users' trust in the new, versatile generation of products. "On Artificial Intelligence, trust is a must, not a nice to have," said EC vice-president Margrethe Vestager: "With these landmark rules, the...

New EU regs set to control use of AI By Elaine Knutt on 22/04/2021 Painting the red lines on AI tech: the EU’s new draft AI regulations are designed to outlaw some applications of AI, while ensuring that risks are addressed in other uses. Picture by European Parliament New draft regulations from the European Commission on artificial intelligence (AI) include provisions to outlaw AI technology that can be used to manipulate people’s behaviour or create Chinese-style “social scoring” systems, while implementing a system of strict regulatory oversight for a wide range of use cases deemed...

21-04-2021 ) Executive Vice President of the European Commission for A Europe Fit for the Digital Age, Margrethe Vestager (L), and European Commissioner in charge of internal market Thierry Breton (R), give a press conference on the EU approach to Artificial Intelligence in Brussels, Belgium, 21 April 2021. [EPA-EFE/OLIVIER HOSLET / POOL]

[co-author: Ilaria Boschi] As we saw in our last bite, artificial intelligence has been (and is expected to remain) a hot topic this year. This article aims to outline the most relevant provisions envisioned by the EU institutions after the milestone of the White Paper on Artificial Intelligence, adopted by the European Commission in February 2020 (see our previous bite on this). As we will argue below, such provisions, including especially the so-called “ October Framework on AI” of October 20, 2020, lay the foundations for a broader, harmonized, horizontal regulatory framework on AI, ...