AI Regulations

Countries worldwideare working to craftAI guidelines. The EUis crafting a novel legal frameworkwith an emphasis on striking a balance between promoting AI innovation and ensuring ethical AI development and use, as evidenced in theAI Act. Meanwhile, China has adoptedregulationsfor strict banning of deep fakes, but enforcement can pose some challenges. There is a certain enthusiasm for AI in the corporate sector, however, with numerous Chinese firms avidlycreating AI avatarsfor e-commerce applications andselling mobile appsthat potentially can be used to create deep fakes.