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The US AI Act Is a Vertical Regulation
There is a rumor that the Americans are just waiting for the European variant of the AI act and then we'll copy this because I always listen to this rumor. But you know that there is this rumor right? Yeah well I think we should not overestimate the power of Europe. What's happening in the US is that the UAI Act is a horizontal regulation. The vertical regulation is an industry specific regulation so you regulate medical devices,. You regulate the finance industry, the insurance, automotive and in all kind of industry by industry. They say AI is so specific that we don't want to have any black spots in a particular regulation.