EU AI Act
The EU Artificial Intelligence Act is the first comprehensive regulatory framework for AI in Europe. It applies to most types of AI systems regulated within the European Union. Its primary goal is to ensure the safe and ethical development of AI technologies. The EU AI Act categorizes AI systems based on their risk level, ranging from low-risk systems (such as spam filters) to high-risk systems (like facial recognition in law enforcement).
The EU AI Act sets strict requirements for high-risk AI systems, focusing on transparency, accountability, and human oversight. These systems must be thoroughly documented, regularly monitored, and comply with data governance standards. For companies, this means that a robust mechanism needs to be established to meet the requirements.
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