What has the EU proposed regarding excessively risky AI systems?

The European Union has not proposed a total ban on excessively risky AI systems. Instead, the EU's regulatory approach focuses on establishing a framework that allows for the management and oversight of such technologies. The intention is to ensure that AI systems are safe and respect fundamental rights rather than imposing outright bans.

For excessively risky AI systems, the EU proposes stringent measures, including a mandatory audit process to evaluate their compliance with regulations and safety standards. This aligns with the EU's strategy of promoting innovation while safeguarding the public and addressing the ethical implications of AI.

Additionally, there are requirements for transparency and accountability to ensure that high-risk AI systems operate in a manner that is understandable and reliable. So, rather than an optional regulatory framework or a total ban, the emphasis is on regulatory measures that provide a structured approach to address the challenges posed by such systems effectively.