IS THERE A NEED TO REGULATE ARTIFICIAL INTELLIGENCE IN THE EUROPEAN UNION

REASONS FOR AND AGAINST

Abstract

Artificial Intelligence is increasingly becoming part of our everyday life. It is an important component of our business surroundings, education, household, everyday experience and leisure. It is expected to become one of the main drivers of economic growth. If there were any doubts about the necessity of its regulation few decades ago, today’s rapid development imposes the need to decide on the method and approach to regulation. The quandary is about boundaries of possible regulation of the new technological processes as they are constantly changing and developing. Certain practices need to be defi ned. New areas and elements are emerging constantly. There is no single comprehensive and general defi nition of the notion of artificial intelligence. The challenges for artifi cial intelligence in the European Union will be revealed. The rules on product safety and liability for damage caused by the use of artifi cial intelligence, as well as the use of algorithms in competition law will be analysed in order to evaluate whether the introduction of new rules or adaptation of existing ones is necessary. The minimum common rules are required to strike a balance between the future development and promotion of innovation, while preserving legal certainty and respect for moral, ethical and social standards.