Critical Gaps in European AI Act Fail to Tackle Key Concerns

Dr. Lauterbach of The ExCo Group on Ethical Practices in the Evolving Era of AI
Dr. Anastassia Lauterbach, MD, EMEA, The ExCo Group

As a scientist and director at Dun & Bradstreet from 2013 to 2019, Dr. Anastassia Lauterbach was instrumental in leading a massive AI-based project to rebuild the economic data of Japan soon after the 2011 tsunami. It was a multi-disciplinary approach to bring together massive datasets to be analyzed with the help of AI tools.

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In the realm of AI, there are three significant risk categories: design-related biases rooted in historical datasets, the perils of AI misuse by unauthorized entities and the critical role of humans as copilots within the AI loop. "The proposed EU legislation doesn't take care of those risks and it dangerously leaves gaps that can be damaging for businesses and society," said Dr. Lauterbach, who presently serves as the MD, EMEA, for The ExCo Group.

These gaps can potentially make AI rouge, uncontrolled and extremely dangerous. "Besides having a healthy, sophisticated and high-quality data sourcing strategy, businesses have to pick the right skills and change the mindset of their own workforce," Dr. Lauterbach said.

In this first part of a two-part interview with ISMG, Dr. Lauterbach also discussed:

  • The provisions within the EU AI Act and the need for their rectification;
  • The need for skills and risk awareness prior to embarking on the AI journey;
  • The need for a solid business care for sustainable adoption.

Dr. Lauterbach is an international technology strategist, advisor, investor and entrepreneur, and has held executive roles with several MNCs, including Deutsche Telekom, T-Mobile, McKinsey and Qualcomm.

About the Author

Rahul Neel Mani

Rahul Neel Mani

Founding Director of Grey Head Media and Vice President of Community Engagement and Editorial, ISMG

Neel Mani is responsible for building and nurturing communities in both technology and security domains for various ISMG brands. He has more than 25 years of experience in B2B technology and telecom journalism and has worked in various leadership editorial roles in the past, including incubating and successfully running Grey Head Media for 11 years. Prior to starting Grey Head Media, he worked with 9.9 Media, IDG India and Indian Express.

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