Introduction
Artificial Intelligence ("AI") is
developing rapidly. AI-based systems and technologies are expected
to bring far-reaching social and economic benefits for individuals
as well as for companies and other players in many industries such
as healthcare, farming, education, energy, logistics, justice,
climate change mitigation etc.1 AI may, however, also
entail a number of potential risks and generate harm to the health,
safety or the fundamental rights of citizens. In light of these
opportunities and associated threats, the European Commission has
identified the need for a regulatory framework on AI, which is the
very first of its kind.
What's new?
On 21 April 2021, the European Commission published a Proposal
for a Regulation on Artificial Intelligence2 (the
"AI Regulation Proposal")
which constitutes a decisive step in its continuous strategy for
artificial intelligence aimed at putting European values at its
centre.3 In this context, as a
