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Highlights of specific outcomes include China regulating the use of certain AI models back in 2021.
Other jurisdictions are following up with their own measures regulating the AI ecosystem.
Senior Legal Counsel at Oxylabs.
Other large jurisdictions, such as China and the US, appear to have taken different approaches.
China is regulating specific areas of AI step-by-step, addressing what is recognized as risks.
The US has not yet enacted any federal-level AI regulations.
There are quickly advancing regulations at the state level, such as the California AI Act.
Is regulation halting innovation?
More rigid regulatory frameworks may impose compliance costs for businesses in the AI field and stifle competitiveness and innovation.
On the other hand, they bring the benefits of protecting consumers and adhering to certain ethical norms.
However, there was also pushback to the EU AI Act, which was nevertheless introduced.
Hence, continuousmonitoringand adaptation of your AI usage are crucial.
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