The AI Act is one of the world's first major laws on AI, presenting lessons for other nations crafting similar legislation, despite its flaws.
The concerns about overregulation include potential disadvantages for EU businesses against American and Chinese competitors, and the risk of depriving Europeans of new AI services.
Trust is critical to AI's evolution; without it, the technology faces substantial hurdles in adoption and integration within society.
Despite the fear surrounding burdens of compliance, the implementation of the AI Act may foster a healthier, innovation-driven environment in the long run.
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