- Futures Balance

Details for Policy : EU AI Act

Name

Policy Problem Statement

The EU AI Act primarily tackles the problems associated with ensuring that artificial intelligence (AI) systems used within the EU are safe, transparent, non-discriminatory, and respect fundamental human rights, while simultaneously fostering innovation and the uptake of trustworthy AI. 
The legislation addresses a dual concern: 
The threat of harm: AI, if unregulated, poses potential risks to individual and societal well-being, including privacy violations, biased decision-making, and physical safety issues in high-risk applications (e.g., in medical devices or critical infrastructure).
The risk of missed opportunities: A lack of public trust or clear legal standards could hinder the development and adoption of beneficial AI technologies in Europe, causing the region to fall behind global competitors

Budget

EUR

Budget Description

1 billion per year

Area European Union

Goals

Ensuring safety and transparency: The Act establishes a risk-based approach to regulate AI systems, imposing strict requirements for high-risk applications and banning AI practices considered an "unacceptable risk" to people's safety and rights.
Protecting fundamental rights: It aims to uphold fundamental rights enshrined in the EU Charter, such as privacy, non-discrimination, human dignity, and the rule of law, by preventing harmful outcomes from the use of AI.
Providing legal certainty: The regulation creates a harmonised legal framework across all Member States, offering clarity for companies operating within the EU market and avoiding fragmentation of national laws.
Promoting innovation: While implementing safeguards, the Act also seeks to boost the development and uptake of AI technology in Europe, particularly by supporting small and medium-sized enterprises (SMEs) through initiatives like AI regulatory "sandboxes" and reduced compliance costs.
Establishing accountability: The law assigns clear responsibilities and obligations to providers, deployers, importers, and distributors of AI systems, with significant penalties for non-compliance.
Enhancing governance: It establishes new governing bodies, including the European AI Office, to oversee the implementation and enforcement of the rules consistently across the EU.
Combating misinformation: Specific transparency rules for general-purpose AI and deepfakes (AI-generated content) are intended to combat manipulation and allow users to make informed decisions.

Target Population

Individuals located in the EU who are impacted by the use of an AI system

Status

CreatedAt

Visibility

Language

Create Alternatives Start Spillovers Analysis

Alternatives

Name
AI Accountability Training and Certification Program	Details \| Spillovers
AI-Enhanced Environmental Education Initiatives	Details \| Spillovers
AI Ethics and Impact Assessment Framework for SMEs	Details \| Spillovers

Spillover Effects Radar

Alternatives

Select one or more alternatives.

Dimensions

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Time frames

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Spillover Effects

Alternative	Dimension	Criteria	Time	Score
AI Accountability Training and Certification Program	Education	Access to education	0	bad	Details
AI Accountability Training and Certification Program	Education	Access to education	5	bad	Details
AI Accountability Training and Certification Program	Education	Access to education	15	bad	Details
AI Accountability Training and Certification Program	Education	Access to education	30	bad	Details
AI Accountability Training and Certification Program	Environment	Reduction of CO2 emissions	0	bad	Details
AI Accountability Training and Certification Program	Environment	Reduction of CO2 emissions	5	bad	Details
AI Accountability Training and Certification Program	Environment	Reduction of CO2 emissions	15	bad	Details
AI Accountability Training and Certification Program	Environment	Reduction of CO2 emissions	30	bad	Details
AI Accountability Training and Certification Program	Health	Patient outcomes improvement	0	bad	Details
AI Accountability Training and Certification Program	Health	Patient outcomes improvement	5	bad	Details
AI Accountability Training and Certification Program	Health	Patient outcomes improvement	15	bad	Details
AI Accountability Training and Certification Program	Health	Patient outcomes improvement	30	bad	Details
AI Accountability Training and Certification Program	Social	Protec youth from social media damage	0	bad	Details
AI Accountability Training and Certification Program	Social	Protec youth from social media damage	5	bad	Details
AI Accountability Training and Certification Program	Social	Protec youth from social media damage	15	bad	Details
AI Accountability Training and Certification Program	Social	Protec youth from social media damage	30	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Education	Access to education	0	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Education	Access to education	5	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Education	Access to education	15	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Education	Access to education	30	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Environment	Reduction of CO2 emissions	0	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Environment	Reduction of CO2 emissions	5	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Environment	Reduction of CO2 emissions	15	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Environment	Reduction of CO2 emissions	30	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Health	Patient outcomes improvement	0	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Health	Patient outcomes improvement	5	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Health	Patient outcomes improvement	15	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Health	Patient outcomes improvement	30	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Social	Protec youth from social media damage	0	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Social	Protec youth from social media damage	5	bad	Details
AI Ethics and Impact Assessment Framework for SMEs	Social	Protec youth from social media damage	15	good	Details
AI Ethics and Impact Assessment Framework for SMEs	Social	Protec youth from social media damage	30	good	Details
AI-Enhanced Environmental Education Initiatives	Education	Access to education	0	bad	Details
AI-Enhanced Environmental Education Initiatives	Education	Access to education	5	good	Details
AI-Enhanced Environmental Education Initiatives	Education	Access to education	15	bad	Details
AI-Enhanced Environmental Education Initiatives	Education	Access to education	30	bad	Details
AI-Enhanced Environmental Education Initiatives	Environment	Reduction of CO2 emissions	0	bad	Details
AI-Enhanced Environmental Education Initiatives	Environment	Reduction of CO2 emissions	5	bad	Details
AI-Enhanced Environmental Education Initiatives	Environment	Reduction of CO2 emissions	15	bad	Details
AI-Enhanced Environmental Education Initiatives	Environment	Reduction of CO2 emissions	30	good	Details
AI-Enhanced Environmental Education Initiatives	Health	Patient outcomes improvement	0	bad	Details
AI-Enhanced Environmental Education Initiatives	Health	Patient outcomes improvement	5	bad	Details
AI-Enhanced Environmental Education Initiatives	Health	Patient outcomes improvement	15	bad	Details
AI-Enhanced Environmental Education Initiatives	Health	Patient outcomes improvement	30	bad	Details
AI-Enhanced Environmental Education Initiatives	Social	Protec youth from social media damage	0	bad	Details
AI-Enhanced Environmental Education Initiatives	Social	Protec youth from social media damage	5	bad	Details
AI-Enhanced Environmental Education Initiatives	Social	Protec youth from social media damage	15	bad	Details
AI-Enhanced Environmental Education Initiatives	Social	Protec youth from social media damage	30	bad	Details

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