The #AIAct is out! 🚀 This legislation sets comprehensive guidelines for the development, deployment, and use of AI across the EU. It aims to ensure that AI technologies are safe, used carefully, and respect fundamental rights while fostering innovation and competitiveness. Its now imperative that organizations understand their AI exposure landscape and act accordingly in line with the Act's requirements. Key highlights: - Enforcement mechanisms and penalties for non-compliance. - Risk-based classification of AI systems. - Strict requirements for high-risk AI applications. - Measures to promote transparency and accountability. Link:
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Aaaaaaand the first countdown starts! ⏳ The EU AI Act 🤖 📜 has been finally published, which means in 20 days, i.e., as of 01.08.2024 it will come into force. After that, other countdowns start: ⌛ most provisions will be applicable after a transitional phase of 24 months (so August 2026) ⌛provisions on general purpose AI models will be applicable already after 12 months (so August 2025) ⌛ provisions on prohibited AI use cases will be applicable even earlier after 6 months (so February 2025) So if your organisation haven't started yet tackling the topic of AI governance and compliance, now is the right time to do so 🙂 #euaiact #airegulation #aigovernance #trustworthyai
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On 1st August, the EU AI Act entered into force. This first-of-its-kind legislation aims to foster responsible AI development and deployment, addressing potential risks to health, safety, and fundamental rights. The AI Act provides for a gradual application of requirements and obligations. Key dates to note: 📌 2 February 2025 - Bans on unacceptable risk AI take effect 📌 2 May 2025 - Codes of practice must be ready 📌 2 August 2025 - Obligations on GPAI models take effect 📌 2 August 2026 - AI Act becomes fully applicable 📌 2 August 2027 - Obligations on high risk AI systems take effect; GPAI models on the market before 2 August 2025 must now be compliant Stay informed about how the AI Act might impact your business operations and compliance requirements. 🔗 Read the full text of the AI Act here: https://lnkd.in/dau6s7DD 🔗 Check out our (German) blog article here: https://lnkd.in/dGd6f7-T #AIAct #ArtificialIntelligence #EURegulations #AIGovernance #LegalUpdate #Innovation
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🌐 EU News: AI Act published! Today, July 12, the Regulation (EU) 2024/1689 (Artificial Intelligence Act) was published in the Official Journal of the European Union. 📜 It will apply from August 2, 2026, categorizing AI systems by risk and imposing various requirements. Key Dates to Note: ❗ February 2, 2025: Mandatory AI literacy for personnel and ban on certain AI practices. ❗ August 2, 2025: Compliance obligations for general-purpose AI models. ❗ August 2, 2027: Compliance obligations for high-risk AI systems. This framework ensures Europe leads in safe and ethical AI development. 🚀 How is your company preparing for these changes? 👉 Full regulation: https://lnkd.in/eps5bweD #AIAct #ArtificialIntelligence #Innovation #EU #MWE
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After months of anticipation following the political agreement, the #AI Act has finally become law today: Regulation 2024/1689. This significant legislation is set to shape the future of AI governance. The countdown now begins for meeting all the legal deadlines. It's a crucial step in ensuring ethical and responsible AI development. #AIGovernance #TechLaw #FutureOfAI
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⏳ The Countdown Begins! The EU Artificial Intelligence Act has been published in the Official Journal of the EU today! You can find it here 👉 https://lnkd.in/dJrxqm7T Here's a snapshot of the key dates: 📅 General application starts on August 2, 2026. 🚫 Bans on unacceptable risk AI (e.g., workplace emotion recognition) begin February 2, 2025. 🤖 GPAI model regulations (like GPT-4o, Claude, Gemini) kick in on August 2, 2025. Plus, take note of the transitional provisions (Article 111) for existing high-risk AI systems, which will be subject to the new rules only after "significant design changes" are made post-August 2, 2026. 🔄 The time to act is now! Ensure your AI initiatives are future-proof and regulation-ready! #EUAIAct #ArtificialIntelligence #AIRegulation #TechPolicy #Innovation #AICompliance #LegalUpdate #AITechnology
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Cyber and AI Risk Mgmt. Advisor- Elevating internal controls, cyber security, AI governance and AI Risk Management.
Here is the timeline for EU AI Act implementation
🚦 💻 On July 12, the EU's AI Act is officially published in the official journal of the EU, starting the enforcement countdown. Mark these important dates: 📌 August 1st, 2024: The AI Act becomes effective. 📌 February 2025: Chapters I (general provisions) & II (prohibited AI systems) take effect. 📌 August 2025: Chapter III Section 4 (notifying authorities), Chapter V (general purpose AI models), Chapter VII (governance), Chapter XII (confidentiality and penalties), and Article 78 (confidentiality) take effect, excluding Article 101 (fines for General Purpose AI providers). 📌 August 2026: The entire AI Act, except for Article 6(1) & related obligations (one category of high-risk AI systems), takes effect. 📌 August 2027: Article 6(1) & related obligations take effect. This act represents a significant step towards harmonizing AI regulations across the EU, addressing ethical concerns, and ensuring AI technologies are developed and used responsibly. Learn more about the EU AI Act here: https://lnkd.in/euGfjvqx Get insights into AI Regulation here: https://lnkd.in/g8ECwx5m #aigovernance #ai
EU AI Act: first regulation on artificial intelligence
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🇪🇺 The EU AI Act has been officially published. Key highlights: • Risk-based approach with 4 risk levels • Bans on certain AI uses like social scoring • Strict rules for "high-risk" AI systems • New obligations for large language models • AI regulatory sandboxes to foster innovation • Increased transparency requirements You can reach the AI Act in your own language from the link: https://lnkd.in/euGfjvqx Important dates: 🗓️ Aug 1, 2024: Act enters into force 🗓️ Feb 2025: First provisions apply (Chapters I & II) 🗓️ Aug 2025: Most obligations apply (Chapters V, VII, XII) 🗓️ Aug 2026: Full application of the Act 🗓️ 2027: Small exception remains AI providers and developers, take note of these dates to ensure compliance! What are your thoughts on the AI Act? How do you think it will affect the AI landscape in Europe and globally? #euai #airegulation #artificialintelligence #europeanunion
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Award winning Filmmaker & Multi Disciplinary Artist. | Featured on Creativepool | Shows across Asia, Europe & the US
Regulation (EU) 2024/1689 is a new step towards a future of Tech Governance. The game-changing AI framework reads innovation and practicality. It delivers: Comprehensive Scope: Covers wide AI sectors, future-proofing tech governance to a great extent. Ethical AI Frameworks: Aligns AI development with fundamental rights and values. Risk-Based Approach: Stringent controls for high-risk AI help promote responsible innovation across industries. Transparency Mandate: We will probably see greater trust and adoption in the users. Biometric & Social Scoring Safeguards: Sets clear boundaries for sensitive AI applications. The safeguards might see a test of time and lobbying. Robust Governance: New AI Board to guide implementation and enforce compliance. Hope the guardrails will be conducive to growth and experimentation. The Timelines: To my understanding, the regulation may benefit from its strategic phased approach. While it officially begins on August 1, AI developers have until mid-2026 for full compliance. This tiered implementation allows businesses to adapt gradually, balancing immediate action with long-term strategic planning. This is more than just setting guardrails, it might foster the spirit of creating a lasting ethical AI-scape. Many organizations must be closely watching the space to be pioneers through the leverage of this phased implementation. Many would eye to position their chess pieces on the right side of things. Certainly, one of those ticks for clocking a competitive advantage. Isn't it? Know more: https://lnkd.in/dhTCcqv6 [DISCLAIMER: Views are Personal. Gen AI tools were used for the research.] #AIRegulation #EthicalTech #EUInnovation #FutureOfAI #ResponsibleAI #AInews #TEchgovernance #InnovationBias
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🚀 Breaking News! 🚀 Today, the final text of the EU AI Act has been published in the Official Journal of the European Union. 🚨Attention all businesses! 🚨 It’s crucial to start preparing now for these upcoming regulations. ⏳Certain provisions of the AI Act on prohibited AI practices will apply as early as 2 February 2025. 💸 Fines under the AI Act can reach up to EUR 35 000 000 or 7% of total worldwide annual turnover. #AIAct #AIA #EUAIACT #AI #Regulation #ArtificialIntelligence https://lnkd.in/du8xEX37
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