#AI: Is the law ready?

We are at a crossroads in the regulation of artificial intelligence. In the EU, lawmakers are reaching ever-closer to an agreement on the flagship EU AI Act which is likely to have a global impact akin to the GDPR. China, perhaps surprisingly, continues to regulate AI at pace. Meanwhile, in the UK, Rishi Sunak announced last week that the UK will not ‘rush to regulate‘ AI, thereby dampening any expectations that the UK’s Safety Summit this week will result in meaningful legislative proposals.

In the US, the eagerly-anticipated White House Executive Order was issued on Tuesday, paving the way for a wide range of measures to be adopted in the US to address the risks of AI. One of the most interesting features of the executive order is the clear acknowledgement of the risk of job displacement, which has not yet received much attention in regulatory proposals or state-level AI policy. The executive order states that one of its overarching principles is to support American workers and that, accordingly, ‘AI should not be deployed in ways that… cause harmful labor-force disruptions’. More tangibly, the US secretary of labor is mandated by the executive order to develop principles which should address, amongst other things, ‘job-displacement risks’ arising from the use of AI.

Read more https://www.lawgazette.co.uk/commentary-and-opinion/ai-is-the-law-ready/5117757.article