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AI is regulated. It's regulated by all of the existing industry, consumer protection, privacy, etc. regulations that already apply to all kinds of consumer technology and services. It doesn't need it's own thing. It's just alarmist politicians and moral panic critical that feel the need to throw badly crafted new regs at every innovation.

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In an actual product, not R&D? Actual uptake of AI that is explainable and used specifically because it's explainable over a black box model that works as well or better but lacks explainability either of the underlying mechanics or the human-centric interpretation of decision-making.

There's lots of buzz but I have yet to see anybody doing anything systemic. It's a fun area for research. But Black Boxes are still preferred for real world applications.

And none of the proposed regulations, or the EU AI Act, are requiring AI black boxes convert to white. They just require people be informed about training data sets and the fact that they are interacting with AI, the latter already being required by existing regulations.

Lobbyists > Lawmakers

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