AI in Business and Society

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Paper Number

1777

Paper Type

Completed

Description

The Information Systems (IS) research community has been interested in Artificial Intelligence (AI) for many years. The European Commission proposed the European Artificial Intelligence Act (AIA) in April 2021 with the goal of providing a harmonized regulatory framework for the development and deployment of AI technology. The AIA is a unique initiative which holds great significance for IS research and practice. Although the Act has gained significant attention, research has highlighted various challenges and critiques. This systematic literature review categorizes and summarizes existing AIA research to identify these issues, which primarily pertain to the regulation's formulation, compliance, enforcement, and anticipated impacts on industry and civil society. We suggest future IS research directions, focusing on compliance with regulation, formulation of legal regulation, and longitudinal research covering multiple policy cycle stages.

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Dec 11th, 12:00 AM

A Review of Challenges and Critiques of the European Artificial Intelligence Act (AIA)

The Information Systems (IS) research community has been interested in Artificial Intelligence (AI) for many years. The European Commission proposed the European Artificial Intelligence Act (AIA) in April 2021 with the goal of providing a harmonized regulatory framework for the development and deployment of AI technology. The AIA is a unique initiative which holds great significance for IS research and practice. Although the Act has gained significant attention, research has highlighted various challenges and critiques. This systematic literature review categorizes and summarizes existing AIA research to identify these issues, which primarily pertain to the regulation's formulation, compliance, enforcement, and anticipated impacts on industry and civil society. We suggest future IS research directions, focusing on compliance with regulation, formulation of legal regulation, and longitudinal research covering multiple policy cycle stages.

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