What are the current global AI regulatory initiatives?
There are several initiatives worldwide aimed at regulating AI, including the EU's AI Act and the US's proposed guidelines.
Can you explain the EU's AI Act in more detail?
The EU's AI Act categorizes AI systems by risk levels and imposes stricter regulations on high-risk applications.
What are the implications of these regulations for businesses?
Businesses may need to invest in compliance measures, adapt their AI systems, and ensure transparency in their AI operations.
Are there any global collaborations on AI regulation?
Yes, organizations like the OECD and G20 are working on frameworks to promote international cooperation on AI regulation.
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