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systems that manipulate or deceive people, or that evaluate individuals based on social scoring.

Despite the challenges and uncertainties surrounding the AI Act, some believe that the regulation is necessary to ensure the responsible development and use of AI technology. The EU’s ambition to become a global leader in trustworthy AI requires clear rules and standards to protect individuals and society from potential harms.

As the implementation of the AI Act progresses, it will be crucial for regulators to address the gaps and ambiguities in the legislation to provide clarity for businesses and ensure that innovation in AI can continue to thrive in Europe. The success of the AI industry in the EU may depend on the ability of policymakers to strike the right balance between regulation and innovation.

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