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How the EU botched its attempt to regulate AI

Can Brussels balance its desire to set the guardrails for tech with its need to attract investment?

The birth of the Artificial Intelligence Act was a drawn-out, exasperating affair.

In December 2023, European officials laboured for 36 hours to agree on the legislation considered to be a world first. “I saw my colleagues at their wits’ end,” says Laura Caroli, who took part as an assistant to one of the European parliament’s key negotiators, and is a former senior fellow at think-tank CSIS.

The stakes were high. Success would mean Brussels leading the way in crafting comprehensive rules for a technology forecast to transform the global economy. “There was massive international pressure,” says Caroli.

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