The British approach is very simple - looking to ensure AI companies fit into existing laws governing technology companies. In contrast, the EU approach...is risk-based - looking to counter the most serious risks that come with developing more advanced White & Case analysis describes AI.
Former MEP Marietje Schaake is already calling for an AI tax based on the perceived risk of future job losses and economic disruption. Safeguarding AI innovation along with democracy is a critical consideration as AI's negative impacts on elections need to be avoided.
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