The very definition of a ‘high-risk’ AI appliance is still up for debate. Many privacy experts believe this proposed legislation doesn’t sort out the imbalance of power between the creator of the AI application and the subject.
It is worth noting that Cloudastructure does not employ ‘Big Brother’ tactics in its video surveillance technology. Our industry has come under deserved and frequent criticism for the nearly indiscriminate use of video and facial recognition software in public spaces. Using AI- and machine learning software, Cloudastructure technology enables firms to be far more thoughtful and discerning about deploying video surveillance tools.
Cloudastructure places privacy first. This thinking drives our application software and how we operate and manage customer data in the cloud. We can blur faces, enable redaction, turn off facial recognition, and secure data in the cloud. Here is an example of how Cloudastructure has safely applied surveillance systems for a California university.
The Difficult Future with Restrictive AI Legislation in the EU
Cyber experts believe this impending law will negatively affect the technological development of European countries. The compliance burden on EU companies is expected to negatively impact the European economy, costing them an estimated €31 billion over the next five years. Reports also suggest that this will stifle innovation in the continent and affect the ability of AI security providers to expand across Europe.
European economies that depend on AI technology are likely to face a competitive disadvantage compared to other countries, such as the United States and China, where restrictions on AI technology do not exist. This latest move will force many companies to overlook Europe as a market for their AI businesses. The next few months before the legislation is voted on will be nerve-racking for companies that use AI surveillance.