David Brennan’s Post

Our blog post about how the EU regulates AI

Learn about the EU's new AI Act, which is in force since the 1st of August

“AI Act offers a classification for AI systems with different requirements and obligations tailored on a 'risk-based approach”

Orrick will be publishing a series of essentials to help you navigate through the #AI act. This one will help you assess whether you are covered by the regulation. #aiact #techregulation Julia Apostle Sarah Schaedler Christian Schroeder

💡The EU AI Act, which came into force on 1 August 2024, is a legislative proposal by the European Commission aimed at regulating artificial intelligence (AI) technologies within the European Union. 💡It represents one of the most comprehensive attempts to regulate AI on a large scale globally. 💡 Although the act is currently in effect, the majority of its provisions will not be implemented until 2026 at the earliest (European Commission). ⬇ This article provides an overview of the act, its implications for business developers, including those in the UK, and future steps. https://lnkd.in/e2FFA9Sy

Important update on the EU & AI.

FINALLY: The Council of the EU adopted the AI Act today. The next step will be publication in the Official Journal of the EU, after which the AI Act will enter into force 20 days after publication. When the individual provisions will actually take effect depends on the respective transitional provisions: 👇

Watch this event and gain insights into the potential repercussions of the EU AI Act, with advice for best practices and key considerations to make when implementing AI tools in light of this new legislation. https://okt.to/7mzovV

European Union lawmakers signed the artificial intelligence (AI) act in June 2024. The #AIact, the first binding worldwide horizontal regulation on AI, sets a common framework for the use and supply of AI systems in the EU. The new act offers a classification for AI systems with different requirements and obligations tailored to a 'risk-based approach'. Some AI systems presenting 'unacceptable' risks are prohibited. A wide range of 'high-risk' AI systems that can have a detrimental impact on people's health, safety or on their fundamental rights are authorised, but subject to a set of requirements and obligations to gain access to the EU market. AI systems posing limited risks because of their lack of transparency will be subject to information and transparency requirements, while AI systems presenting only minimal risk for people will not be subject to further obligations. The regulation also lays down specific rules for general purpose AI (GPAI) models and lays down more stringent requirements for GPAI models with 'high-impact capabilities' that could pose a systemic risk and have a significant impact on the internal market. The AI Act was published in the EU's Official Journal on 12 July 2024. It entered into force in August 2024. Fourth edition. 'EU Legislation in Progress' briefings are updated at key stages of the legislative procedure. A concise overview!

Want more details on the European AI Office? See Ojas' post and link to more on DataGuidance below. The EU AI Office will likely become a blueprint for the US and other countries that are looking to regulate AI use. #AIGovernance #ResponsibleAI #AlgorithmicTransparency