AI regulation for the EU: shot in the arm or shot in the dark?
The EU’s proposals for artificial intelligence (AI) are an important step forward, but we should be wary of their possible implications, says Appu Shaji, CEO of Mobius Labs
As a Berlin-based startup that develops computer vision software, we broadly welcome the rules and actions for the development and use of AI proposed by the EU. By focusing on building trust between software companies, business users and citizens, the EU has grasped the essence of what is needed to drive innovation and growth in this field.
The timing is also important. The EU is demonstrating leadership at a time when economies are suffering a severe reaction to the coronavirus pandemic, and a flourishing AI and tech sector could be the adrenalin shot needed to put the economy back on its feet.