Eversheds Sutherland’s Post

📢 Yesterday, the EU #AIAct📜 was approved by the Council! This is the final step of the EU's legislative process, but the law is far from being complete. It is just the beginning of a long journey with much more clarifications, guidelines and delegated acts to come. 👉 Make sure to check the IAPP's EU AI Act Stakeholder Map to get a glimpse of the complex governance mechanism established by the first comprehensive legislation on AI and understand which actors are involved and what are their roles: https://lnkd.in/eecMtE4g

Thank you to Law360 for interviewing me and my partner, tech law genius Joel Harrison at Gibson Dunn on the EU AI Act. Artificial intelligence constitutes a transformative shift in our lives and a massive challenge for lawyers! But what is life without a challenge? #artificialintelligence #eulaw #echr #esg #internationallaw #internationalarbitration #regulation #onlineplatform #eulitigation

An expansive law that will possibly “set a new standard globally,” the European Union's AI Act rolls out over the next 36 months, with the first major compliance deadline expected at the end of December 2024. Partners Robert Spano (London and Paris) and Joel Harrison (London) spoke to Law360 about the statute, its potential impact outside the EU, and how international corporations can assess risks and create internal governance structures to comply with the regulatory requirements. #AI #AIAct #EuropeanUnion

This week the European Parliament’s Internal Market and Consumer Protection (IMCO) and Civil Liberties, Justice and Home Affairs (LIBE) committees voted in favour of the provisional agreement on the Artificial Intelligence Act. The regulation aims to:   ➡️ Establish obligations for AI based on potential risks and impact levels   ➡️ Protect fundamental rights, democracy and the rule of law from high-risk AI systems   ➡️ Ensure regulatory sandboxes and real-world testing at national level   The AI Act awaits adoption in an upcoming European Parliament plenary session and adoption by the Council of the EU. https://bit.ly/4bzzKpf #EU #digitalization #digitaltransformation  

Today the official day for the activation of the single largest piece of legislation ever seen for a subject moving at exponential speed. The EU AI Act As only now any real work on the actual in countries making into law, understanding, interpretation and structure and processes beginning and significant time until law becoming enforceable, question whether for a subject moving at the speed it does, being faster and faster, more and more, this Act even near going to be able to cover all aspects of the subject. https://lnkd.in/ebBhWNpi

🚨BREAKING NEWS‼️: 👀The Al Act passed with a big majority!! 🚦This morning European Parliament voted in favour of this new Reg!! ➡️Next steps: there will be a formal linguistic review but this is effectively confirmation that the Al Act will now come into law. ⚖️ The Act should come into force in April or May 2024, following publication in the Official Journal. ⚠️The AI Act will be fully applicable 24 months after its entry into force, except for: bans on prohibited practices, which will apply six months after the entry into force date; codes of practice (nine months after entry into force); general-purpose AI rules including governance (12 months after entry into force); and obligations for high-risk systems where AI forms a safety feature of a regulated product (36 months). #artificialintelligence #newreg

💥🇪🇺 Global AI Governance Law and Policy: EU Check out part 4 in our 🌏 #AIgovernance article series, co-sponsored by OneTrust, with expert contributions from Vincenzo Tiani, LL.M. and Isabelle Roccia (CIPP/E) 📌 https://lnkd.in/ebcTQ6wT Dive into some of the history, key provisions, and wider regulatory contexts that make up the EU’s approach to AI governance, which has at its core the now-adopted AI Act. The EU AI Act is a watershed moment and acclerant for AI governance around the world. Many of the individuals tasked with and pioneering this important work will be in Brussels next week for #AIGG24: https://lnkd.in/eTMyBb34. I can’t wait. IAPP - International Association of Privacy Professionals, Ashley Casovan, Caitlin Fennessy, Uzma Chaudhry, Müge Fazlioglu, Ph.D.

Curious to get informed takes on the EU AI Act, and particularly whether policy-adjacent colleagues in Asia see it as a net benefit? Once again, the "Brussels Effect" is likely to be, errr, in effect…. Expect other jurisdictions to adopt elements – or a wholecloth version of the Act – for their own. Since 2018, GDPR’s implementation undoubtedly helped elevate privacy and data protection to the C-suite; and accelerated global legal and regulatory developments in the same realm – mostly, thought not entirely, to laudable ends. But the Brussels Effect comes with EU-tinted glasses, and does not necessarily fit the prerogative of all growing economies. As for the EU AI Act, the MIT Technology Review says it positions the EU to become “the world’s AI police.” Other experts I follow have posited it is "trying to regulate an industry that doesn’t even really exist yet," and that "once again, the EU will legislate itself into technological irrelevance." What do you think? #euaiact #artificialintelligence #publicpolicy

On September 6, 2024, major global players including the UK, US, and EU signed the Council of Europe’s groundbreaking AI Framework Convention! This landmark agreement aims to balance innovation with essential protections for human rights, democracy, and the rule of law. Key Areas Covered: Human Rights: Safeguarding privacy and preventing discrimination. Democracy: Combatting misinformation and ensuring information integrity. Rule of Law: Regulating AI-specific risks to protect citizens. As the treaty gains more signatories, it marks a pivotal step toward responsible AI development. https://buff.ly/3MAVGou #AI #GlobalRegulation #Data

“The United Nations on Thursday adopted a U.S.-led resolution on artificial intelligence, marking what Washington says is a major step toward establishing a global baseline to regulate the rapidly developing technology. The resolution, which followed more than three months of negotiations among dozens of countries, calls on U.N. member states to ensure “safe, secure, and trustworthy AI systems” that are developed responsibly and respect human rights and international law. #trendingonlinkedin #trendingnow #aiadoption #trustworthyai #artificialintelligence #responsibleai https://lnkd.in/ediEh4d9