Consider these facts: Artificial Intelligence (AI) is here to stay; AI possesses the capability to fundamentally change the way in which we work; AI can, by assimilation of data from multifarious online sources, present far more powerful (and seemingly creative) solutions than any human can; AI is a far greater force of either good or evil (or both). Given all this, AI needs to be regulated.
‘East is east and west is west’
Governments across the world are grappling with the regulation of AI. Till recently, the greatest advances in the regulation of AI have been made in the European Union (EU), Brazil, Canada, Japan and now, China. Countries in the EU, Brazil and the United Kingdom (which shall be referred to hereafter as “western systems”) have adopted regulatory measures with differences which, on a closer study, are superficial. Regulations in Japan and China, however, are fundamentally different from the western system.