REGULATING ARTIFICIAL INTELLIGENCE SYSTEMS: REGULATORY SANDBOXES
The world has been seeking answers to the questions of how artificial intelligence (AI) technologies should be developed, used, and regulated for a long time. Initially, concerns that regulating AI could stifle innovation led to debates about whether regulation is necessary, when it should be applied, and whether early-stage regulation might hinder innovation. Today, the rapid advancements in the field of AI and the widespread use of productive AI have led to a consensus, at least among a significant majority, regarding the necessity of regulating AI, as they have brought forth new risks and harms. [...]