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BUSINESS CASE: State of Play on AI Regulations

REGISTER | DRAFT AGENDA


In recent years, the rapid advancement of artificial intelligence (AI) technologies has spurred discussions around the need for regulatory frameworks to govern their development, deployment, and impact. As AI becomes increasingly integrated into various aspects of society, from business operations to public services, policymakers, industry stakeholders, and the general public are grappling with complex questions regarding ethics, accountability, and governance.

The debate surrounding AI regulation encompasses a wide range of issues, including data privacy, algorithmic bias, transparency, and liability. At the heart of this debate lies the challenge of striking a balance between fostering innovation and ensuring that AI technologies are developed and deployed responsibly, ethically, and in a manner that promotes the public interest.

This session will address the following questions:

  • How do concerns such as data privacy, algorithmic bias, transparency, and liability shape discussions on AI regulation, and what strategies can be employed by policymakers and industry stakeholders to address them effectively? What are the objectives of the AI Act, Europe’s first legal framework on AI?

  • What are the driving forces behind the need for regulatory frameworks governing AI development and deployment, and how do these factors vary across different sectors?

  • What are the potential risks and benefits of AI regulation, and how can policymakers balance innovation with ethical AI development?

  • How can collaboration between policymakers, industry stakeholders, and the public contribute to the creation of robust AI regulatory frameworks that promote transparency, accountability, and public interest, while fostering innovation and economic growth?

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