EU policymakers recently proposed a sweeping set of regulations called the Artificial Intelligence Act (AIA).

And big tech is terrified.

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Big tech tries to derail EU AI policy with ‘warnings’ from US think tank

You say that like its a bad thing.

Background:TheAIAproposes vast, sweeping regulations.

But it certainly isnt Draconian or Luddite (in fact we thinkit might be too soft).

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Its a complex proposal and theres a lot more to it than we can get into in this article.

But, the Center for Data Innovation actually does a great job of explaining how it works.

The AIA breaks AI products down into three categories.

These include prohibited, limited risk, and high risk.

They must:

Every single one of those line items offers basic, common-sense protections for citizens.

Which explains exactly why big tech is terrified.

To that, I say:Lol.

The current state of AI policy in the US can only be described as absolutely ridiculous.

And Chinas even worse.

The government controls every aspect of AI investment and encourages domestic technology companies to develop surveillance tech.

Those both sound like really smart, fancy,nonpartisan, non-profitgroups.

In fact, the ITIF is one of the worlds leading technology think tanks.

So, of course, we can trust them right?

Both groups have the wordnonpartisanwritten in their respective websites about pages.

That has to mean something right?

But, just for fun, lets take a look at the ITIFs board members shall we?

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