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28 Va. J.L. & Tech. 1 (2024-2025)

handle is hein.journals/vjolt28 and id is 1 raw text is: VIRGINIA JOURNAL OF LAW & TECHNOLOGY VOLUME 28 FALL 2024 NUMBER 1 ON THE SHOULDERS OF OTHERS THE IMPORTANCE OF REGULATORY LEARNING IN THE AGE OF Al Urs Gasser* & Viktor Mayer-Schonberger+ IN T R O D U CT IO N .................................................................................................. . 1 I. A l AND D E-G LOBALIZATION ........................................................................ 3 II. SO LUTIO N E FFICIEN CY ................................................................................. . 4 III. REGULATORY EXPERIMENTATION ........................................................... 7 IV. INTER-JURISDICTIONAL LEARNING ........................................................... 9 V . THE N EED FOR SPEED BUMPS.................................................................... 11 V I. A W ORD O F CAUTIO N ................................................................................ 13 C O N C L U SIO N ...................................................................................................... . 14 INTRODUCTION AUGUST 1, 2024 was a watershed moment for the regulation of Al as the European Union's Al Act came into force.' The Al Act is the culmination point of a long list of legal requirements the EU has recently imposed on big tech across landmark legislation such as the Digital Services Act and the Digital Markets Act.2 It mandates significant care and precautions from Al providers. Professor of Public Policy, Governance and Innovative Technology and Dean, TUM School of Social Sciences and Technology. + Professor of Internet Governance and Regulation, University of Oxford. The authors gratefully acknowledge the research help of Jiawei Zhang. See Regulation 2024/1689 of the European Parliament and of the Council of 13 June 2024, Laying down harmonised rules on artificial intelligence and amending Regulations (EC) No 300/2008, (EU) No 167/2013, (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1139 and (EU) 2019/2144 and Directives 2014/90/EU, (EU) 2016/797 and (EU) 2020/1828 (Artificial Intelligence Act), 2024 O.J. (L), AI Act enters into force, European Commission, (Aug. 1, 2024), https://commission.europa.eu/news/ai-act-enters-force-2024-08- 01_en#:~:text=On%201%20August%202024%2C%20the,and%20deployment%20i n%20the%20EU. 2 See Regulation (EU) 2022/2065 of the European Parliament and of the Council of 19 October 2022 on a Single Market For Digital Services and amending Directive 2000/31/EC (Digital Services Act), O.J. (L 277), 1-102; Regulation (EU) 2022/1925 of the European Parliament and of the Council of 14 September 2022 on contestable 1 © 2024 Virginia Joumal of Law & Technology, at http://www.vjolt.org/.

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