The EU has recently proposed a draft regulation that would address future challenges of artificial intelligence. The EU is attempting a balancing act between promoting the development of AI against over-regulation of new technologies. The regulation categorizes AI based on the perceived risk level, regulating more strictly an AI system that is deemed as being higher-risk.
The draft regulation adopts a broad definition of AI to encompass software developed with a variety of machine learning techniques. These include supervised, unsupervised and reinforcement learning and a variety of methods such as deep learning, logic and knowledge-based and statistical approaches, Bayesian estimation, and search optimization methods that generate outputs. Relevant outputs include content, predictions, recommendations, or decisions influencing the environments with which the AI interacts.
Below are highlights of the main aspects of the draft regulation.