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The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
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The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
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The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment

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The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment
Paper

The E.U.'s Artificial Intelligence Act: An Ordoliberal Assessment

2023
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Overview
In light of the rise of generative AI and recent debates about the socio-political implications of large-language models and chatbots, this article investigates the E.U.'s Artificial Intelligence Act (AIA), the world's first major attempt by a government body to address and mitigate the potentially negative impacts of AI technologies. The article critically analyzes the AIA from a distinct economic ethics perspective, i.e., ordoliberalism 2.0 - a perspective currently lacking in the academic literature. It evaluates, in particular, the AIA's ordoliberal strengths and weaknesses and proposes reform measures that could be taken to strengthen the AIA.
Publisher
Cornell University Library, arXiv.org