December 18, 2024

The Artificial Intelligence Act. Taking normative imbalances seriously

In this article:

Approval and Applicability: The Artificial Intelligence Act (AIA) was approved by the European Council on May 21, 2024, and will be applicable from August 2, 2026.
Goals of the AIA: The Act aims to improve the internal market’s functioning, promote human-centric and trustworthy AI, and ensure the protection of health, safety, fundamental rights, democracy, the rule of law, and environmental values, while fostering innovation.
Balancing Development and Protection: The AIA seeks to develop the EU economy and innovation while safeguarding fundamental rights
Challenges in Implementation: Critics suggest the Act’s rule-focused regulatory approach may not adequately balance its goals, leading to potential shortcomings in fundamental rights protection and innovation promotion.
Compliance Efforts Required: Extensive efforts will be needed to comply with the Act, raising concerns about its effectiveness in achieving its ambitious objectives.
Addressing Concerns: The AIA must address these challenges to mitigate risks to the economy and society from AI’s potential impact.
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