EU’s AI Act: Regulation or Innovation Killer?

EU's AI Act: Regulation or Innovation Killer?

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Questions are being raised about the effectiveness of the European Union’s AI Act, designed to foster ‘trustworthy AI.’ Critics argue its intricate structure, hasty rollout, and broad scope – encompassing models like ChatGPT – may stifle innovation rather than promote responsible AI development. The debate hinges on whether the regulation leans too heavily towards control at the expense of progress. The discussion originated in a Reddit post: [https://old.reddit.com/r/artificial/comments/1p1y85h/how_the_eu_botched_its_attempt_to_regulate_ai/]