The AI Act, initially overlooking multifunctional AI like foundation models, led to debates. Industry sought exemption, civil groups pushed for inclusion, foreseeing safety gaps and burdens on users. "General Purpose AI systems" (GPAIS) emerged in discussions, aiming to extend Act requirements to adaptable models, addressing operator responsibility. Current debate focuses on adapting the Act to cover these advanced AI, revealing its initial limitations. The paper will delve into this evolution, highlighting challenges and proposing policy adjustments for GPAIS regulation within the AI Act's framework.
Helene Dufour’s Post
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For those of you interested in AI governance, the European AI Office launched a multi-stakeholder consultation on 30 July 2024 to help shape the first General-Purpose AI Code of Practice. Closes on 10 September 2024. Check it out! https://lnkd.in/efRJBWur #artificialintelligence #AIgovernance #responsibleAI #trustworthyAI #AIregulation #ethicalAI #EuropeanAI #AIAct
AI Act: Have Your Say on Trustworthy General-Purpose AI
digital-strategy.ec.europa.eu
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🤔 Struggling to navigate the AI Act and work out if your system is high-risk, or even prohibited? Then check out our blog post on how to identify high-risk systems under the EU AI Act, and find out what you may need to do if your AI system is considered high risk https://lnkd.in/d6NW3nQG We even cover general-purpose AI systems, previously known as foundational models! #aigovernance #airiskmanagement #aicompliance #euaiact #generalpurposeai #generativeai #foundationmodel
How to Identify High-Risk AI Systems According to the EU AI Act [2024]
holisticai.com
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Today we unveil the first of a series "Deep dive on the AI Act": beyond the obvious, we aim at dissecting the AI Act's provisions with articles addressing the practical issues we encounter in our day to day practice in a concrete, straight to the point way. Read below our piece on the complexities around the AI Act timeline for the different AI systems or GPAI models considered:
The AI Act – Beyond high-level overviews: a temporal loophole
engage.hoganlovells.com
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The UK Government is steering AI regulation with a focus on a principles-based, context-specific framework, enabling agile responses to the rapid evolution of AI technologies. Key highlights include: - £10m fund for regulators to develop tools and research for effective AI oversight. - Encouragement for firms to align AI strategies with regulatory principles, fostering responsible innovation. Future steps entail comprehensive updates from the FCA and BoE by April 2024, signalling a collaborative approach towards balancing innovation with safety and accountability in AI deployment. #AIRegulation #InnovationGovernance #ResponsibleAI
The Government provided an update on artificial intelligence (AI) policy and outlined the next steps following its March 2023 AI white paper, on 6 February 2024. It confirmed the adoption of a principles-based approach as proposed in the white paper, emphasising the crucial role of regulators, including the FCA and Bank of England (BoE), in developing a context-specific approach to AI regulation based on five high-level principles. The Government also published the first phase of guidance to the regulators for implementing the AI framework. The next steps include refining this guidance with feedback from regulators and firms in phase two, aiming for a release by the summer, followed by developing joint tools and guidance across regulatory remits in phase three. https://lnkd.in/eb6A82HS
Government sets out next steps for regulators on AI
pwc.co.uk
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Head of Core Banking Products and Processes Legal Support Group at Bank of Georgia
“AI Act offers a classification for AI systems with different requirements and obligations tailored on a 'risk-based approach”
Artificial intelligence act | Think Tank | European Parliament
europarl.europa.eu
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The countdown has begun! 🚀 Government agencies have just six months to lift the veil on how they’re using AI. No more mystery—just transparency, baby! 🕶️✨ Are we on the brink of a more open AI future, or is this just the tip of the iceberg? 🧊 Let’s dive in and discuss! #AIUnveiled #CountdownToTransparency #TechBuzz #Australia
Gov agencies have six months to disclose how they use AI
itnews.com.au
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The Government provided an update on artificial intelligence (AI) policy and outlined the next steps following its March 2023 AI white paper, on 6 February 2024. It confirmed the adoption of a principles-based approach as proposed in the white paper, emphasising the crucial role of regulators, including the FCA and Bank of England (BoE), in developing a context-specific approach to AI regulation based on five high-level principles. The Government also published the first phase of guidance to the regulators for implementing the AI framework. The next steps include refining this guidance with feedback from regulators and firms in phase two, aiming for a release by the summer, followed by developing joint tools and guidance across regulatory remits in phase three. https://lnkd.in/eb6A82HS
Government sets out next steps for regulators on AI
pwc.co.uk
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The EU AI Act will be the first binding legislation on AI. Here's what business leaders need to know ahead of its implementation. #AI #EU #Legislation
It's Time For The EU AI Act – What You Need To Know
datacenterknowledge.com
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The EU AI Act establishes a comprehensive regulatory framework for artificial intelligence within the European Union, categorizing AI systems by their risk levels and setting stringent requirements for high-risk applications to ensure safety and fundamental rights protection. It includes provisions for transparency, accountability and oversight, emphasizing the need for human-centric, trustworthy AI development and deployment. With the final text of the EU AI Act expected to be officially published in the coming weeks, Davis+Gilbert attorneys Paavana Kumar, Samantha Rothaus, Zachary Klein and Andrew Richman outline what businesses need to know now. https://lnkd.in/gCPCCP8D #AILaws #AILawyers #ArtificialIntelligence
The EU Artificial Intelligence Act: Key Takeaways and Analysis
dglaw.com
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AI Governance has many tools available to help ensure we move from principles to practice. This report provides an interesting window into progress.
Tools for Trustworthy AI in the United Kingdom and the United States
rand.org
