Draghi Calls for Pause to AI Act to Gauge Risks

Draghi Calls for Pause to AI Act to Gauge Risks

Mario Draghi, former Italian Prime Minister and European Central Bank president, is calling for a pause in the implementation of the EU's AI Act. He wants to delay the rollout of rules covering high-risk AI systems in areas like critical infrastructure and healthcare until the potential drawbacks are better understood. Draghi believes the AI Act is a "source of uncertainty" for businesses and developers, which could hinder innovation and development.

He emphasizes the need for proportionate regulations that support innovation while ensuring safety and accountability. His call is backed by industry leaders, including CEOs from over 40 European companies like ASML, Philips, Siemens, and Mistral, who requested a "two-year clock-stop" on the AI Act to allow for reasonable implementation and simplification of the rules.

However, consumer groups like Access Now, Centre for Democracy and Technology Europe, and the European Consumer Organisation warn that delaying or watering down the rules could undermine accountability mechanisms and consumer protections. The European Commission is set to present a digital omnibus package in December, reviewing all existing tech legislation, including AI rules, and potentially easing burdens on companies.

Ongoing consultations will determine the future of AI regulation in the EU, balancing innovation, safety, and international trade considerations. As the EU navigates the complexities of AI regulation, it's crucial to strike a balance between supporting innovation and protecting citizens' rights and interests.

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