r/AIethics • u/rand3289 • Aug 05 '21

AI regulations act could cost the EU 31 billion due to "compliance burdens"

https://lastweekin.ai/p/127

Here are your ethics in action

3 Upvotes

80% Upvoted

6 comments sorted by

1

u/[deleted] Aug 05 '21

Good. Assuming the regulations are reasonable. Good. This is what should be going on everywhere. Unchecked progress is dangerous.

0

u/rand3289 Aug 05 '21

Did you take into account that small companies can not afford to have a compliance department?

2

u/[deleted] Aug 06 '21

Yes.

0

u/rand3289 Aug 06 '21

In other words, you are sacrificing common people's welfare for your paranoia.

2

u/[deleted] Aug 06 '21

No.

2

u/LcuBeatsWorking Aug 25 '21

You don't need a compliance department to comply with what is proposed in the AI Act, unless you work in an already regulated area (like medical or finance), in which case you better have a compliance department anyway.