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How the world's biggest offshore wind company was blown off course

The article from the Financial Times discusses the ongoing debate over the regulation of artificial intelligence (AI) in the European Union. It highlights the EU's efforts to lead in AI regulation with the proposed AI Act, which aims to set global standards for AI governance. The legislation seeks to balance fostering innovation with protecting citizens' rights, addressing concerns about privacy, bias, and the ethical use of AI. Key points include the classification of AI systems by risk levels, with high-risk systems facing stringent requirements. There's also mention of the tension between tech companies, who argue that overregulation could stifle innovation, and civil liberties groups, who push for strong safeguards. The article notes the complexity of AI technology, making regulation challenging, and mentions the involvement of various stakeholders, including tech giants, startups, and policymakers, all trying to shape the future of AI governance in Europe.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/5130251d-06dd-40f5-a5d7-edf24ec1e571 ]