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ARTICLE · 03 JUNE 2024

Navigating The AI Act: Legal Insights And Analysis

Lydian
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The rapid development and deployment of artificial intelligence (AI), its increasing use in almost any aspect of our lives and the new regulatory framework presents businesses around the world with numerous challenges.

BelgiumTechnology
Bastiaan Bruyndonckx
Bastiaan Bruyndonckx
Liese Kuyken
Liese Kuyken

The rapid development and deployment of artificial intelligence (AI), its increasing use in almost any aspect of our lives and the new regulatory framework presents businesses around the world with numerous challenges. Yesterday, one of the most ambitious projects of law-making, the AI Act, which aims to harmonise the protection of citizens from this rapidly evolving technology and to encourage research and industrial capacity in this regard was approved by a vast majority in the European Parliament. This ground-breaking regulation will significantly reshape how businesses and organisations in Europe use AI.

A LONG LEGISLATIVE PROCESS

The popular buzzword had already caught the attention of lawmakers a few years ago. For several years, the European Commission (EC) had been researching the topic, leading to the first proposal in April 2021, followed by the positions of the Council (December 2022) and Parliament (June 2023). After a political agreement on the text

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