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The article from the Financial Times discusses the ongoing debate over the regulation of artificial intelligence (AI) in the European Union, focusing on the proposed AI Act. The EU is attempting to balance the need to foster innovation with the necessity of protecting citizens from potential AI-related harms. Key points of contention include the classification of AI systems based on risk levels, with high-risk systems facing stricter regulations. There is also debate over the inclusion of certain AI applications, such as those used in biometric surveillance and social scoring, which some argue should be banned outright. The article highlights the challenges of creating a regulatory framework that is both effective and adaptable to the rapidly evolving AI landscape, while also considering the economic implications for European businesses.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/a78dc2e8-bde3-42f3-b487-08e43b1c4564 ]


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