Comparison of Rationales and Approaches of Artificial Intelligence Regulatory Policies in the U.S, EU and China Draws Recommendations on a 'Fit for Purpose' Global AI Governance Mechanism

Abstract

With the rapid development of AI technologies, our society is facing a global AI regulatory dilemma [1]., with a wide spectrum of AI regulatory rules not only confusing but also incurring very high costs for the participants of the AI industry [2].