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REGULATION (EU) 2024/1689 laying down harmonised rules on artificial intelligence (EU AI Act)


Summary

The EU Artificial Intelligence Act is the world’s first comprehensive legal framework for AI. It establishes obligations for providers and users of AI systems, based on a risk-tiered approach: prohibited AI practices, high-risk AI systems, limited-risk obligations, and minimal/no-risk exemptions. It aims to ensure safety, transparency, accountability, and fundamental rights in the development and use of AI within the EU.


Key Takeaways

  • Categorizes AI systems into four risk levels: prohibited, high-risk, limited-risk, and minimal/no-risk.
  • Imposes strict obligations on providers and users of high-risk AI systems, including risk management, data governance, transparency, and human oversight.
  • Establishes a conformity assessment process for high-risk AI systems before they can be placed on the market.
  • Requires transparency for certain AI systems, such as chatbots and deepfakes, to inform users they are interacting with AI.
  • Sets up a European Artificial Intelligence Board to facilitate the implementation and enforcement of the regulation across member states.
  • Introduces penalties for non-compliance.

Additional Sources


Tags

safety, accountability, compliance, governance