The European Union’s approach to AI policy, as reflected in the AI Act, aims to foster trustworthy AI that respects fundamental rights, safety, and ethical principles, while also boosting innovation and establishing the EU as a global AI leader through a risk-based, comprehensive, and flexible regulatory framework.

Many Asian countries are taking a business-friendly approach to AI regulation, prioritizing innovation and economic growth over strict regulatory mandates. However, the growing influence of AI in critical industries such as healthcare, finance and defense means regulatory oversight is evolving.

Source: Navex