EU’s AI policy pivot due to overall sense of overregulation: Michael McNamara

The European Union (EU) acknowledges that there is a degree of overregulation and also a general desire by the European Commission to simplify the EU AI Act, said Michael McNamara, co-chair of European Parliament’s AI Working Group. “…and undoubtedly all of that played into the withdrawal of the AI Liability Directive proposal,” he told ET.

The EU recently withdrew its AI Liability Directive, which was first proposed in 2022 and proposed to penalise offending organisations for causing harm through AI systems. The European Union’s AI regulation…