The EU Artificial Intelligence (AI) Act aims to lead the world in the governance of AI, requiring impact assessments to identify the risk associated with the use of AI systems and continuous management and mitigation of this risk.| www.holisticai.com
By Dan Quan, Adjunct Scholar, Center for Monetary and Financial Alternatives, Cato Institute Regulatory sandboxes are no longer a new or exotic concept. The UK Financial Conduct Authority (FCA) is credited with creating the first formal regulatory sandbox and propagating the concept throughout the world. Although there is no consensus on the definition of a […]| Stanford PACS
WITH THE EXPANSION of artificial intelligence (AI) worldwide, countries have started to consider the use of regulatory sandboxes to examine AI applications in various contexts| Law.asia
| iapp.org
1. Member States shall ensure that their competent authorities establish at least one AI regulatory sandbox at national level, which shall be operational by 2 August 2026. That sandbox may also be established jointly with the competent authorities of other Member States. The Commission may provide technical support, advice and tools for the establishment and operation of AI regulatory sandboxes. The obligation under the first subparagraph may also be fulfilled by participating in an existing...| EU Artificial Intelligence Act
AI regulatory sandboxes are an important part of the implementation of the EU AI Act. According to Article 57 of the AI Act, each Member State must establish at least one AI regulatory sandbox at the national level by 2 August 2026. This post provides an overview of how different EU Member States are approaching the design and implementation of these sandboxes, as well as of EU-wide initiatives that support them.| EU Artificial Intelligence Act
A black box AI is an AI system whose internal workings are a mystery to its users.| www.ibm.com
