The European Union with the world’s first comprehensive Artificial Intelligence (AI) Act, has taken the first steps towards using and developing AI in a responsible manner. The act takes a risk-based approach to regulation, applying different rules to AI systems according to the threats they pose to human health, safety, and rights. Our Partner (Head – Technology & Telecommunications) Arun Sadhanand Prabhu shares his views on this in an article published in The Economic Times.