•The PwC 2022 AI Business Survey finds that “AI success is becoming the rule, not the exception,” and, according to PwC US, published in the 2021 AI Predictions & 2021 Responsible AI Insights Report, “Responsible AI is the leading priority among industry leaders for AI applications in 2021.
• The EU is drafting an EU-wide regulation on Artificial Intelligence (the “EU-AI Act”), expected to be published in 2023. The goal of this act is to ensure ethical use of AI and prevent uses of AI which are discriminatory or violate human rights.
• All organizations doing business with or marketing to EU citizens will have meet standards set by GDPR as a baseline. This has pushed forward a global regulatory consensus in a significant and positive way.
• Microsoft Customer & Partner Solutions head Didem Un Ates believes that “This initiative from the EU is exemplary regulatory leadership.”