Emerging Technology Regulations: Keeping Pace with Innovation
By Merav Ozair, PhD
Technology is evolving at an unprecedented rate. We’ve moved beyond Moore’s Law, with computational power doubling every six months, not every two years. The regulatory landscape, however, struggles to keep up.
The European Union’s Artificial Intelligence Act, which came into force in August 2024, is already showing its age. It didn’t account for AI agents and is still grappling with generative AI (GenAI) and foundational models. Article 28b was added to the act in June 2023, shortly after the debut of ChatGPT.
The dynamic nature of technology necessitates a flexible and forward-thinking approach to regulation. Laws must be adaptable to address new developments efficiently and effectively.