Regulating AI: The Urgent Need for Responsible Oversight and Collaboration
The Product Coalition
JUNE 18, 2023
Similarly, the EU AI Act , which commenced in 2021, went through multiple stages of drafting, enhancement, and finalization, with the regulation set to become effective in 2025. The US Health Insurance Portability and Accountability Act (HIPAA) was drafted in 1992 and became effective in 1996.
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