Artificial Intelligence has been the most discussed topic during 2016. It is not anymore a science-fiction topic, but something real, something around us in various forms and with a long trajectory of development of new ideas. As the impact of artificial intelligence on our lives becomes more evident, a key question is arising: what should the policy makers do about artificial intelligence in order to gain benefits and avoid problems? There is a school of thought believing that it is too early for policy and regulation around artificial intelligence. We can characterize this group around the following remark “it’s way too early for explicit AI policy” by Andrew McAfee, co-author of “The Second Machine Age.” The remark highlights that we have not see the real transformative power of AI yet. Therefore, we do not have the right picture in order to legislate on the topic. Parts of this group also believes that a “policy de facto” process will come into place, basically, eliminating the necessity of any policy making institution intervention. However, there is another school of thought that believes that policy and regulation for AI are necessary. AI policy can be seen as an extension of a more comprehensive IoT policy. This school of thought has produced a number of documents during last two years on the topic. For example, recently, the Government Office for Science in the UK has produced the short document “Artificial Intelligence: Opportunities and Implications for the Future of Decision Making”. In October 2016, the Executive Office of the President of the United States has published “Preparing for the Future of Artificial Intelligence”. There are also some independent assessment on the topic by think tank such as the case of Effective Altruism Foundation and Foundational Research Institute in Germany that published “Artificial Intelligence: Opportunities and Risks” in December 2015. Those papers explore the implications of AI and the possible steps to take in policy terms in areas such as data privacy, labour market, and security. ETPO will explore those papers in more details in future articles.