EU and US AI Regulatory Push Overlaps Across Global Business
1. The EU and the US are leading in developing regulatory structures for artificial intelligence (AI).
2. The EU is known for its prescriptive and comprehensive approach to AI regulation, focusing on protecting fundamental rights through legislation.
3. The US adopts a federated approach with federal, state, and local laws, along with sector-specific standards.
4. Both regions require engagement from regulatory authorities and organizations globally.
5. The EU AI Act sets binding rules for the entire AI value chain, while President Biden’s executive order provides mandates for federal agencies.
6. The EU’s regulation is risk-based, while the US focuses on leadership in AI and developing best practices.
7. Enforcement in the EU includes strong measures and fines, while the US emphasizes collaboration among agencies.
8. Both directives introduce specific requirements for AI models and share a focus on regulating certain types of models.
9. The rules of the EU AI Act apply extraterritorially to non-domestic entities, while the US order may impact non-US companies based on specific agency regulations.
10. The EU excludes certain sectors from AI regulation, unlike the US order which covers all sectors.
11. The EU’s impact should be considered within a broader regulatory landscape, including other relevant directives and regulations.
12. The US executive order should be viewed alongside federal agency developments and state bills related to AI regulation.
2. The EU is known for its prescriptive and comprehensive approach to AI regulation, focusing on protecting fundamental rights through legislation.
3. The US adopts a federated approach with federal, state, and local laws, along with sector-specific standards.
4. Both regions require engagement from regulatory authorities and organizations globally.
5. The EU AI Act sets binding rules for the entire AI value chain, while President Biden’s executive order provides mandates for federal agencies.
6. The EU’s regulation is risk-based, while the US focuses on leadership in AI and developing best practices.
7. Enforcement in the EU includes strong measures and fines, while the US emphasizes collaboration among agencies.
8. Both directives introduce specific requirements for AI models and share a focus on regulating certain types of models.
9. The rules of the EU AI Act apply extraterritorially to non-domestic entities, while the US order may impact non-US companies based on specific agency regulations.
10. The EU excludes certain sectors from AI regulation, unlike the US order which covers all sectors.
11. The EU’s impact should be considered within a broader regulatory landscape, including other relevant directives and regulations.
12. The US executive order should be viewed alongside federal agency developments and state bills related to AI regulation.
