The EU Artificial Intelligence (AI) Act is set to become the
world's first comprehensive regulation on AI. After extensive
negotiations, the European Parliament, Commission, and Council
reached a political agreement on the AI Act in December 2023. The
act has now been published in the Official Journal of the European
Union as of July 12, 2024.
From a compliance perspective, it is crucial for companies,
especially those operating in the European Union or serving EU
citizens, to understand the key implementation timelines of the AI
Act.
Timeline
Entry Into Force: August 1, 2024
The AI Act will enter into force.
Six Months After Entry Into Force: February 1,
2025
Prohibitions on unacceptable risk AI systems (manipulation,
social scoring systems, and biometric categorization), as well as
general provisions, will become applicable as well.