Artificial Intelligence (AI) regulations are on the horizon. In this one page visual (which you can download below), we pick out a selection of:
- the key legislation, regulation, policies, and initiatives;
- in the UK, EU and US;
- from the last few years and in the coming few years.
You may also be interested in our glossary of key AI terms, how they are used in law, regulation and policy in the UK and EU.
What can we expect?
- the EU pushes forward with its Digital Strategy: the EU AI Act may be enacted; the AI Liability Directive and Product Liability Directive will continue through the EU's legislative processes;
- in the UK, expect:
- the White Paper on how the UK will regulate AI to be published (building on the UK's already published policy on regulating AI);
- the House of Commons Science and Technology Committee's Inquiry into 'Governance of AI' to start hearing oral submissions and, potentially, produce reports;
- the Financial Services Authority and Bank of England will produce a report further to their discussion paper on AI in financial services.
- in the US, expect:
- NYC Local Law 144 to come into force, prohibiting the use of AI tools to hire candidates or promote employees unless those tools have been independently audited;
- Further debate about the Algorithmic Accountability Act;
- Co-operation between the EU and US further to their trade and technology joint statement, including their roadmap to 'advance shared terminologies and taxonomies [and] inform our approaches to AI risk management and trustworthy AI'.
There's a lot going on in the world of AI regulation. Too much to fit on one page. But the one page visual does reflect:
- that different jurisdictions are tackling the benefits and risks of AI;
- they just do so differently, for example: sector specific and/or cross-sector; entirely new regulations and updating existing regulations; differing amounts of regulation;
- they do so at different speeds;
- and that understanding, and comparing and contrasting, how different jurisdictions and sectors approach common issues is helpful in identifying potential solutions to some of the biggest issues.