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Published on 2024-12-12 07:20:38 - The Financial Times
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  • The Tories fell short of their rhetoric
  • if the PM is following their path, he needs to learn why reform has failed in the past

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 the balance between fostering technological advancement and protecting fundamental rights. The article also touches on the geopolitical implications, noting that while the EU pushes for regulation, other global powers like the US and China are adopting different approaches, potentially affecting the competitiveness of European tech companies. Additionally, there's mention of the recent advancements in AI, like ChatGPT, which have intensified the urgency for regulatory frameworks.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/71efe96b-d3b8-4820-8e42-053b4ef7c7bf ]