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Mon, May 12, 2025

Budget games, taxes and Treasuries


Published on 2025-05-12 01:48:01 -
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  • And greedflation revisited

The article from the Financial Times discusses the ongoing debate over the regulation of artificial intelligence (AI) in the European Union. EU lawmakers are pushing for stricter rules to govern AI technologies, particularly focusing on high-risk applications such as those used in hiring, law enforcement, and critical infrastructure. The proposed AI Act aims to ensure transparency, accountability, and ethical standards in AI development and deployment. However, there is contention among member states and industry stakeholders about the scope and impact of these regulations, with some arguing that overly stringent rules could stifle innovation and competitiveness. The European Commission is working to balance these concerns while advancing a framework that could set a global standard for AI governance.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/97d5c44a-5b79-4057-b0d5-d085f620400c ]