Countries plan mitigating high-risks of AI technology by strict regulation and trustworthy and explainable AI development

Artificial Intelligence (AI) is rapidly transforming industries, from healthcare to finance, autonomous vehicles to cybersecurity, promising groundbreaking advancements in technology and efficiency. However, this immense potential is accompanied by significant risks. AI technologies, if not regulated properly, could lead to unintended consequences, such as biased decision-making, invasions of privacy, security vulnerabilities, or even the weaponization…