Utter the word “regulation” in certain tech industry circles, and you’ll feel an immediate chilling effect. Fears about stifled innovation, burdensome costs, and curtailed growth are typical responses from skeptics concerned about government overreach.
However, the EU, keen to position itself at the vanguard of tech regulation and as a champion of individual rights and consumer protection, pays little attention to such concerns.
The implementation of the EU’s AI Act is the most recent in a series of laws emanating from Brussels that have divided opinion, hot on the heels of the General Data Protection Regulation (GDPR) and the Digital Markets Act (DMA) which came into force in 2018 and 2023 respectively.
