The First-ever Legal Framework On AI: EU Commission Proposes A New Regulation

Artificial intelligence (AI) will shape our digital future. Self-driving cars, smart cities, digital factories and more precise medical diagnoses - the opportunities of AI are endless. However, its use also triggers significant risks. Algorithms or deep learning tools which are not accurate might severely affect people. In specific cases it might even raise complex ethical questions, for example when it comes to decision about life or death. The EU legislator realized the chances, but also the risks of AI at a very early stage. It thus aims to implement a legal framework for trustworthy and safe AI, while strengthening AI uptakes, investments and innovations across the EU. A new AI Regulation shall lay the foundation in order to achieve these goals. A few days ago, the provisional draft proposal of the planned AI Regulation was leaked. It already provided some interesting insights. Today, April 21^st 2021, the proposal of the European Commission has been officially