The European Union would be well advised:
- Do not to be the first major international jurisdiction to attempt to comprehensively codify this new and very sophisticated technology. Excessive pride is destructive! Most legislators don't even understand the new, transformative technology!
- Do not cripple a new and very promising technology in its infancy. Busybody lifetime career politicians stay away! Observe first and longer, act later!
- Laissez faire, laissez passer!
- Europe is no longer the center of the world. Don't be delusional!
- Competitors like India, South Korea, Taiwan, or China will applause such stupidity!
I have argued here that the EU is morphing into a Soviet Union, the larger it becomes! Statism over federalism etc. Big government!
"The AI Act is a proposed European law on artificial intelligence (AI) – the first law on AI by a major regulator anywhere. The law assigns applications of AI to three risk categories. First, applications and systems that create an unacceptable risk, such as government-run social scoring of the type used in China, are banned. Second, high-risk applications, such as a CV-scanning tool that ranks job applicants, are subject to specific legal requirements. Lastly, applications not explicitly banned or listed as high-risk are largely left unregulated. ..."
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