AI ACT (The European Commission)

Likely implemented around 2025, the presently-named AI Act will cover a wide range of algorithmic products and technologies and will work primarily via a set of categorizations along with risk assessments and with outright bans of specific technologies. Developed by the European Commission, it will likely inform a wide swath of governance decision-making by countries and private firms.

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2024 White House Executive Order

In addition to safety-related AI regulations being proposed in Europe as part of the European Commission, the U.S. is unveiling pieces of a larger package of regulatory approaches to guide usage actions and risk management of artificial intelligence and machine learning technologies. The piecemeal approach suggests that firms must manage and prepare for an ever-changing regulatory terrain.

Oxbridge_AI helps firms devise strategies to manage the risks emerging from this regulatory uncertainty while continuing to innovate in this exciting field. Balancing regulatory, ethical, equity-focused aims with the competitive needs of firms in a rapidly changing market makes AI ethics a challenging issue for firms focused primarily on innovating in technology (rather than regulation).