The article discusses the complex impact of tariffs and the EU AI Act on the advancement of AI and automation, highlighting how tariffs can both hinder and potentially catalyze innovation. It emphasizes that while tariffs may increase production costs and disrupt supply chains, they could also incentivize domestic innovation and investment in AI technologies.
The European Commission has unveiled its AI Continent Action Plan, a comprehensive strategy aimed at establishing Europe as a leader in artificial intelligence. This plan emphasizes investment in AI infrastructure, the promotion of AI adoption, and the development of skilled professionals to foster innovation and drive technological sovereignty.
Singapore is unveiling its National AI Strategy 2.0, positioning itself as an innovator and regulator in the field of artificial intelligence. However, challenges such as data privacy and AI bias loom large, raising questions about the balance between ambition and the complexities of AI governance.
Lexy Kassan discusses the essential components of responsible AI, emphasizing the need for regulatory compliance and ethical implementation within the FinTech sector. She highlights the EU AI Act’s implications and the importance of aligning AI practices with ethical principles to mitigate risks while maximizing innovation.
Human-Centered AI (HCAI) emphasizes the design of AI systems that prioritize human values, well-being, and trust, acting as augmentative tools rather than replacements. This approach is crucial for ethical decision-making, bias mitigation, and fostering collaboration between humans and AI agents.
As AI becomes more powerful, protecting against its misuse is critical. This requires well-designed “safeguards” – technical and procedural interventions to prevent harmful outcomes. Research outlines a structured approach to developing and assessing these safeguards, emphasizing clear requirements, comprehensive planning, robust evidence gathering, and ongoing monitoring. This systematic process helps developers and policymakers build safer and more reliable AI systems.
The EU AI Act, introduced as the world’s first major regulatory framework for artificial intelligence, aims to create a uniform legal regime across all EU member states while ensuring citizen safety. With a risk-based approach, the Act categorizes AI systems by risk levels, ranging from low to unacceptable, and imposes strict compliance measures for high-risk applications.
On April 9, 2025, the European Commission adopted the AI Continent Action Plan, aiming to transform the EU into a global leader in AI by fostering innovation and ensuring trustworthy AI. The plan includes significant investments in AI infrastructure, the establishment of Data Labs, and the launch of strategies to accelerate AI adoption in key sectors.
The EU’s Community of Practice on Public Procurement of AI has published updated non-binding AI Model Contractual Clauses (MCC-AI) to assist public organizations in procuring AI systems. These templates are designed to align with the EU AI Act and provide guidance for both high-risk and non-high-risk AI systems.
The EU AI Act imposes strict regulations on Emotion AI, particularly in workplace settings, defining it as either “High Risk” or “Prohibited Use.” As of February 2025, the Act bans the use of AI systems to infer emotions in workplace and educational contexts, with significant penalties for non-compliance.
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