How much government regulation do groundbreaking technologies like AI need? What guardrails are necessary, and when do laws start to get in the way, hindering innovation?
These are some of the key questions discussed in this high-profile DLD24 session, which brings together Eva Maydell (European Parliament), Jonas Andrulis (Aleph Alpha), Ludwig Ensthaler (468 Capital) and Philipp Justus (Google) in conversation with author Andrew Keen.
There’s clearly a delicate balance between the need for regulation to ensure safety and alignment with democratic values, and the importance of fostering innovation and competitiveness in the AI industry, especially in Europe, the panelists agree. But timing is essential.
“Do we need this now?”, Ludwig Ensthaler asks with regard to the EU AI Act – a pioneering law co-drafted by Eva Maydell . “Do we need to regulate especially in a field that’s evolving so quickly that basically things we knew a year or two year ago look like ancient literature now?”
Eva Maydell argues that regulating now is important to build public trust as AI increasingly impacts people’s lives.
Philipp Justus makes the case that innovation and regulation do not need to be at odds, and that proportionate regulation can enable continued innovation.
Make sure to watch the introductory talks by Eva Maydell and Jonas Andrulis as well to get the whole picture.