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73% Informative
EU 's risk-based rulebook for artificial intelligence, aka the EU AI Act, has been years in the making.
Lawmakers think having guardrails in place will boost citizens’ trust in and uptake of AI .
Expect to hear a lot more about the regulation in the coming months (and years) as key compliance deadlines kick in.
Rise of GenAI reshaped more than just the conversation around the EU ’s AI Act ; it led to changes to the rulebook itself.
MEPs proposed adding additional rules for GPAIs — that is, the models that underlie GenAI tools.
The EU has trumpeted the AI Act as a “global first ” But being first in this cutting-edge tech context means a lot of detail to be worked out.
The full picture of what the AI Act will mean for in-scope companies is still being shaded in and fleshed out.
Key details are expected to be locked down in the coming months and into the first half of next year .
Penalties the Commission can reach for to enforce these rules can reach up to 3% of model makers’ global turnover.
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