The European Union holds unilateral ability to regulate the global marketplace due to its large and wealthy consumer market. Global companies engage in the EU market and extend European regulations across their global operations to avoid the costs of complying with multiple regulatory regimes. The EU's ability to move quickly in regulating areas like artificial intelligence is attributed to less political polarization and lobbying compared to the US. The EU's functional government and legislative capability enable it to achieve significant accomplishments in tech regulation.
The EU has advanced first-of-its-kind AI regulation. The Verge’s Jess Weatherbed tells us whether it will make a difference, and Columbia University’s Anu Bradford explains the Brussels effect.
This episode was produced by Amanda Lewellyn, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
Support Today, Explained by making a financial contribution to Vox! bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices