>Not much of a problem if you have an accounting department next to legal department on the same floor of your corporate building. It's demonstrative to read t

>Not much of a problem if you have an accounting department next to legal department on the same floor of your corporate building. It's demonstrative to read the official EU impact assessments for a lot of their recent legislation. For example, the impact assessment for the EU AI Act estimated prior-to-launch compliance costs for a small business with one AI product at €400,000. But when you look into the assessment in more detail, that estimate actually excludes legal costs (not joking here). It creates a very uneven playing field for small innovators.