Brazilian Congress has made remarkable progress in the discussion surrounding AI regulation. Notwithstanding the launch of the Brazilian Artificial Intelligence Strategy in 2021, it is apparent that Brazilian government lags behind countries such as Japan, the United States and the United Kingdom in terms of AI regulation and guidance. In this short paper we present a series of reasons why there should be an effort to close this gap, for the citizens’ wellbeing, for the advancement of public services, and for the development of enterprises.p. 7-12.