The 2024 Outlook for AI Regulation in the EU and Beyond

📌 The EU is intensifying its AI regulation efforts with the AI Act, imposing strict transparency and accountability requirements on companies. 📌 Open-source AI models get some exemptions, but powerful models like GPT-4 face stringent scrutiny. 📌 The EU is setting a global precedent with its AI regulation approach, influencing global AI standards and practices. 📌 China, in contrast, is adopting a piecemeal approach to AI regulation, focusing on rapid response to technological advances.