Regulation of Artificial Intelligence – Global Trends, Implications, and the Road Ahead

The topic of regulating Artificial Intelligence has gained momentum in the past few years, most recently with the European Union’s AI Act, which was released last year. At the heart of these discussions is opacity of machine learning models, the risk of bias from AI systems and issues like agency and keeping humans in the loop. There has been a proliferation of principles related to ethical and responsible AI which includes sector specific approaches and guidance. But there is also an increase