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An Assessment of the AI Regulation Proposed by the European Commission

In: The Future Circle of Healthcare

Author

Listed:
  • Patrick Glauner

    (Deggendorf Institute of Technology
    Woxsen University)

Abstract

In April 2021, the European Commission published a proposed regulation 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 regulations that already exist. We also argue that the proposal clearly poses the risk of overregulation. As a consequence, this would make the use or development of AI applications in safety-critical application areas, such as in healthcare, almost impossible in the EU. This would also likely further strengthen the technology leadership of Chinese and US corporations. That appears risky from a European perspective. Our assessment is based on the oral evidence we gave in May 2021 to the joint session of the European Union affairs committees of the German federal parliament and the French National Assembly.

Suggested Citation

  • Patrick Glauner, 2022. "An Assessment of the AI Regulation Proposed by the European Commission," Future of Business and Finance, in: Sepehr Ehsani & Patrick Glauner & Philipp Plugmann & Florian M. Thieringer (ed.), The Future Circle of Healthcare, pages 119-127, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-99838-7_7
    DOI: 10.1007/978-3-030-99838-7_7
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