Futures Balance
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SpilloverEffect
PolicyId
Swiss Roads Initiative
Train Station Ispra
EU AI Act
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AI Accountability Training and Certification Program
AI-Enhanced Environmental Education Initiatives
AI Ethics and Impact Assessment Framework for SMEs
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good
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PositiveImpact
The comprehensive framework for SMEs could enhance ethical AI development, leading to greater public trust in AI, which may reduce the fear of misuse and enhance user engagement. A society where SMEs actively participate in ethical AI will foster innovation and job creation, ultimately benefiting future generations. Furthermore, creating a more robust small business sector in AI that aligns with ethical standards will lead to more resilient communities for the long term.
NegativeImpact
The framework may impose additional compliance costs on SMEs that are already struggling with limited resources, potentially stifling innovation and competitiveness. If poorly implemented or perceived as overly burdensome, it could discourage SMEs from pursuing AI initiatives altogether, leading to a consolidation in the industry that impacts competition and consumer choice. This would disproportionately affect youth, limiting their involvement in emerging technology sectors and potential career paths.
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