The European Commission has halted its initiative to implement civil liability rules for harmful AI systems, a decision criticized as a strategic error by lawmakers. This decision was revealed in the Commission's latest work program, which stated that lawmakers have failed to reach an agreement. Concerns raised at the recent AI Action Summit reflect a perceived overreach of EU regulations, with calls for a balanced approach that fosters innovation. Critics warn this move could lead to legal uncertainty and empower large tech companies at the expense of accountability.
The reality now is that AI liability will be dictated by a fragmented system, allowing big tech to capitalize on legal uncertainties.
We want to embark on the AI revolution before us with the spirit of openness and collaboration, but to create trust, we need international regulatory regimes.
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