🌍 How do you regulate AI without stifling innovation?

Many believe regulation slows down technological progress, but according to Lucilla Sioli, this is a false dilemma. The EU AI Act is designed to support innovation and governance, ensuring that AI systems remain safe, reliable, and beneficial.

📢 Key Takeaways:
✅ Why regulation and innovation are not conflicting forces but complementary.
✅ How AI regulation creates trust, leading to broader adoption and investment.
✅ The role of AI sandboxes in allowing startups to test AI applications in a controlled environment.
✅ The AI Pact’s growing global interest—why even U.S. and Korean companies are voluntarily aligning with EU AI standards.
✅ What businesses can learn from the EU’s risk-based approach to AI regulation.

🔍 Lucilla explains how the EU’s structured, risk-based framework ensures AI development remains competitive while prioritizing safety.

Resources Mentioned:
https://www.linkedin.com/in/lucilla-sioli-b944392/

⏱️ Timestamps:
00:00 Introduction to AI Governance and the EU AI Office
02:41 Challenges in Establishing the EU AI Office
04:37 Talent Acquisition and Development in AI
07:23 Global Perspectives on AI Regulation
09:28 Stakeholder Alignment in AI Code of Practice
13:01 Copyright Issues in AI Training Data
14:40 Balancing Regulation and Innovation
19:23 EU’s Unified AI Regulation Across Member States
23:17 Adapting AI Regulations to Rapid Technological Changes
25:30 Open Source AI Technologies
27:35 Supporting Startups and SMEs under the AI Act
29:56 International Interest in the EU AI Pact
32:07 Building an AI Continent in Europe
34:16 Invest AI Program and Funding Opportunities
36:58 AI’s Impact Across Various Sectors
38:48 Implementing Regulatory Sandboxes
40:26 The Brussels Effect on Global AI Regulation
42:12 Advice for Countries Developing AI Policies

About your host
Sanjay Puri is a recognized authority on US-India relations. He serves as the Chairman of the US-India Political Action Committee (USINPAC), a national, bipartisan political action committee representing Indian-Americans. He is also the founder of the Alliance for US India Business (AUSIB), an organization dedicated to strengthening economic ties between the US and India. He is also a successful technology entrepreneur, mentor, and investor.

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