In this lecture, we will discuss the role that companies are expected to play in the governance of Artificial Intelligence under the proposed EU AI Regulation. This Regulation, if passed, will be the first significant binding legal instrument regulating the development and use of artificial intelligence in the world, and will shape the development of the governance of AI not only in the European Union but across the globe.
The proposed Regulation will impose a wide range of obligations on providers of AI systems to ensure that the systems they place on the market are safe and respect the fundamental rights of persons. These providers will mostly be business companies, in both Europe and elsewhere. This lecture will explain the proposed Regulation and examine in particular the obligations, which the Regulation would impose on such companies engaged in the development and deployment of AI.