AI Under Watch: The EU AI Act

AI Under Watch: The EU AI Act

The Council of the European Union gave final approval to the EU AI Act on May 21, 2024, signifying a critical step toward the legislation's full implementation.

The EU AI Act is a law that intends to create a comprehensive legal framework for regulating AI systems.

The Risk-Based System of the AI Act

The EU AI Act outlines a risk-based approach meaning that the higher the risk, the stricter the rules. It divides AI systems into the following categories:

·?????? Unacceptable risk

·?????? High risk

·?????? Limited risk

·?????? Minimal risk

The EU AI Act prohibits certain high-risk AI systems, including emotion-recognition AI, real-time biometrics, and social scoring, to protect individual freedoms and prevent discrimination.

Additionally, the AI Act imposes new rules on generative AI and recommendation algorithms, while addressing general-purpose AI models by requiring transparency, risk management, and ethical data use.

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