The EU is perceived as the global leader in regulation in comparison with the US. The AI Act, the world’s first regulatory framework grounded on risk, transparency, and rights, demonstrates the EU as the defender of Responsible AI .
Despite this pioneering legislation, recent geopolitical events – mainly in the US - have shifted attention from ethics and human-centric AI towards national security and economic competition. Big tech companies are downsizing their Responsible AI commitments by laying off their ethics boards and prioritising competitiveness over transparency and responsible deployment.
However, there are signals that many businesses across the globe do want to implement Responsible AI, though they lack support or mechanisms to act upon it. Although generally small in scale, progress is being made to put Responsible AI programs in place. Nevertheless, the gap between intention, talk, and action on Responsible AI remains.