Acceptable Risks in Europe’s Proposed AI Act
This paper critically assesses the proposed #euaiact regarding #riskmanagement and acceptability of #highrisk #ai systems. The Act aims to promote trustworthy AI with proportionate #regulations but its criteria, "as far as possible" (AFAP) and "state of the art," are deemed unworkable and lacking in proportionality and trustworthiness. The Parliament's proposed amendments, introducing "reasonableness" and cost‑benefit analysis, are argued to be more balanced and workable.