How International Regulators Are Shaping AI Transparency and Ethics Oversight

One by one, regulatory bodies around the world are working to establish clear guidelines and oversight for AI. This is no easy task, with rapid developments making it difficult to keep up with all the potential ways the technology can be used. Nevertheless, the EU is leading the way with the AI Act. It's the first sweeping legislation, passed by the European Parliament, to shape AI transparency and ethics measures and manage its risks.

The EU tends to adopt more restrictive policies around data use and privacy than other regulatory bodies. However, these first steps will likely influence how other governments shape their AI laws. As expressed in a recent MIT Technology Review article, “By becoming the first to formalize rules around AI, the EU retains its first-mover advantage. Much like the GDPR, the AI Act could become a global standard.”