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Navigating the Future: How the EU AI Act Shapes AI Governance

In this whitepaper, you will learn:

  • The ways in which the EU AI Act impacts AI governance,
  • Obligations for providers and deployers of AI systems,
  • Obligations for importers and distributors of high-risk AI systems,
  • Key Steps for Organizations for EU AI Act Compliance.

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On December 8, 2023, the EU institutions reached a provisional political agreement on the groundbreaking AI Act, marking the world's first comprehensive law on AI. This accomplishment was the result of a trialogue comprising the European Commission, the European Parliament, and the Council of the European Union.

This whitepaper provides insights into the AI governance framework expected to be implemented in the future, drawing on publicly shared developments to date and official publications. The next stage is the official approval of the law by the Council and Parliament, which is expected to occur in early 2024.

The EU AI Act is a groundbreaking legislative initiative expected to set AI governance benchmarks that might impact other countries. This whitepaper provides an overview of the EU AI Act to enable organizations to meet their compliance requirements.

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Frequently Asked Questions

The EU AI Act is a legal framework that aims to regulate AI systems and ensure that AI technologies are developed, deployed, and utilized in a manner that respects individuals' rights and freedoms while also being safe, open, and transparent.

The Act impacts AI governance by establishing precise guidelines and requirements for AI’s development and use. It necessitates classifying AI systems according to their risk profiles and establishing guidelines for high-risk applications to encourage ethical and responsible AI activities globally.

High-risk AI applications include those that have a significant impact on individuals' rights and safety, such as biometric identification, critical infrastructure, worker management and employment, critical private and public services, law enforcement, immigration control, and the judiciary.

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