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Elon Musk is attacking Britain. Former PMs are building ties

The article from the Financial Times discusses the ongoing debate over the regulation of artificial intelligence (AI) in the European Union. It highlights the EU's efforts to lead in AI governance by proposing the AI Act, which aims to set global standards for AI regulation. Key points include the classification of AI systems based on risk levels, with high-risk systems facing stringent requirements. There's contention around the definition of "high-risk" AI, the potential stifling of innovation, and how to balance ethical considerations with economic competitiveness. The article also touches on the geopolitical aspect, noting that while the EU pushes for regulation, other global powers like the US and China are adopting different approaches, potentially affecting the international AI landscape. Additionally, there are concerns about the implications for smaller companies and startups, which might find compliance challenging, and the ongoing discussions about exemptions and adjustments to the proposed rules.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/987f70fd-c718-4998-a097-f4a8f4a462b7 ]