FIN-TECH
EU AI Act: The EU Confirms Its Leadership in Reg-Tech
by Lāsma Kokina
10 January 2024
In this paper we discuss:
- How the Act aims to mitigate harm in areas where AI poses the greatest risk to fundamental rights;
- The ranking of risks by the EU, which foresees admissible and not admissible cases for AI uses;
- The compromise reached on massive foundation language models like ChatGPT;
- How the EU regulation compares to that of other jurisdictions, in particular in the US and in China; and
- Whether or not a cooperation with China on AI is possible and desirable.
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Download PDF: EU AI Act - January 2024
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