"The regulation of artificial intelligence (AI) should strike a balance between addressing the risks of the technology and its benefits through enabling useful innovation whilst remaining adaptable to evolving risks," we read in a new research article published by Dr Asress Gikay (91影视Law).
Dr Gikay emphasises several key issues, including the following:
- The EU AI Act's method of classifying high-risk AI uses is imperfect, potentially overlooking significant risks while misclassifying low-risk use cases due to its compartmentalised approach.
- The EU Commission's delegated power to revise the list of high-risk AI uses is insufficient, as revisions may be delayed and might not accurately identify emerging risks.
- The UK's incremental and principle-driven approach to AI regulation is seen as more pragmatic, offering a better balance between innovation and risk management, particularly if it is fine-tuned and coordinated effectively.
Read the article here: