The US Algorithmic Accountability Act of 2022 vs. The EU Artificial Intelligence Act: What can they learn from each other?
Jakob Mokander, Prathm Juneja, David Watson, Luciano Floridi
TL;DR
This paper compares the US Algorithmic Accountability Act of 2022 and the EU Artificial Intelligence Act, exploring mutual lessons to improve AI regulation frameworks.
Contribution
It analyzes the strengths and weaknesses of both acts and suggests how they can inform each other's development for better AI governance.
Findings
US AAA is pragmatic but has room for improvement
EU AIA offers comprehensive AI regulation insights
Mutual learning can enhance global AI policy coherence
Abstract
On the whole, the U.S. Algorithmic Accountability Act of 2022 (US AAA) is a pragmatic approach to balancing the benefits and risks of automated decision systems. Yet there is still room for improvement. This commentary highlights how the US AAA can both inform and learn from the European Artificial Intelligence Act (EU AIA).
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