Innovation, AI, Technical Regulation and Trade - Questioning the Invisible Hand
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Innovation, AI, Technical Regulation and Trade - Questioning the Invisible Hand

15 February 2023


This is because the use of ML and AI provides multiple scenarios and use cases that do not easily fit into the current definition found in proposals for legislation e.g., in the proposal for the European Regulation on Artificial Intelligence (AI Act).2 From the case studies it can be confirmed that there are conflicts between the proposal for the horizontal AI Act and sector-specific legislation. [...] In addition, it is important to draw some tentative conclusions on whether the invisible, digitalised market seems to manage itself.21 1.1 Rationale and the method used The objective of this study is to analyse how the properties of industrial goods are affected by the utilisation of new technologies such as Artificial Intelligence (hereafter AI ) and the prevalence of increasing digital vulnerabi. [...] The development of public sector strategies for the management and regulation of AI is deemed necessary at the local, national, and international levels and in a variety of fields, from public service management and accountability to law enforcement, the financial sector, robot- ics, autonomous vehicles (AV), the military and national security, and international law. [...] The objective is also for the EU to step up globally with respect for regulation and standards while strengthening international cooperation.57 The strategy is followed by several legislative tools, e.g., proposals to address both the cyber and physical resilience of critical entities and networks: the Directive on measures for a high common level of cybersecurity access in the Union (revised NIS. [...] The proposal for an AI Regulation excludes certain components, products and systems from the application of the majority of the provisions in the regulation.

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