Artificial intelligence: Latin America follows EU model on regulation
Artificial intelligence: Latin America follows EU model on regulation
https://www.ibanet.org/Artificial-intelligence-Latin-America-follows-EU-model-on-regulation
Publish Date: 2026-06-11 11:40:00
Source Domain: www.ibanet.org
- Chile is emerging as a leading region in AI with the launch of Latam-GPT, the first open-source AI language model trained on Latin American data.
- Latin American countries are debating the best approach to AI regulation, balancing between the EU’s risk-based governance and the US’s flexible model.
- Chile’s proposed AI legislation includes sandboxes for innovation and measures for small and medium enterprises (SMEs) while highlighting risk management for high-risk AI uses.
- AI adoption in Latin America is moderate, with the technology mostly used in sectors like finance, logistics, customer service, marketing, health, and agriculture.
- Specific regional challenges include data privacy gaps, unregulated markets selling customer data, and the heterogeneity of legal frameworks across Latin American countries.
