Back in May 2024, Chile positioned itself as a pioneer in AI
regulation, adopting what is viewed by many as one of the most
advanced and forward-looking regulatory proposals on AI in the
region. As Chile's draft AI Bill continues its passage through
parliament, we reflect on its potential shortcomings, as well as
the benefits it may bring.
On 7 May 2024, the Chilean Chamber of Deputies introduced the
Artificial Intelligence (AI) Bill, making it one of the first
countries in Latin America to kickstart legislative efforts in this
area. The Bill seeks to regulate the design, implementation, and
use of AI systems in Chile, promoting the ethical and responsible
use of the technology and seeking to safeguard people's health,
safety and fundamental rights. It is based on the EU's
regulation on artificial intelligence (the EU AI Act), adopting the
same risk classification as the Act and embracing the universal
ethical principles contained within it.