From the "Brussels Effect" to the "Beijing Effect" in AI

The "Brussels Effect" describes how EU regulations shape global corporate standards without military force, leveraging its large consumer market. Companies often adopt EU standards globally due to economic efficiency, as seen with GDPR and the USB-C directive. However, challenges arise from Asia's economic growth and China's technological advancements, hinting at a potential "Beijing Effect". Despite these challenges, the EU remains influential in setting global market access rules.