What are the current regulations on AI safety?
Currently, AI safety regulations vary by country. The EU has proposed the AI Act, focusing on high-risk AI systems.
What does the AI Act cover specifically?
The AI Act covers risk assessment, transparency, and accountability for high-risk AI applications, ensuring they meet safety standards.
Are there any penalties for non-compliance?
Yes, non-compliance with the AI Act can result in significant fines, up to 6% of a company's global revenue.
How do these regulations impact AI development?
These regulations aim to promote safe AI development while ensuring innovation, balancing safety with technological advancement.
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