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ARTICLE · 17 OCTOBER 2024

Understanding The Global Impact Of The European Artificial Intelligence Act

The European Union's Artificial Intelligence AI Act (AI Act) is significant legislation that will affect businesses using AI technologies.

GlobalTechnology

The European Union's Artificial Intelligence AI Act (AI Act) is significant legislation that will affect businesses using AI technologies. As in-house counsel, especially if you are unfamiliar with artificial intelligence, it's crucial to understand how this regulation could impact your company's legal responsibilities, business practices, and intellectual property.

What is the AI Act?

The AI Act regulates the use of AI in the European Union (EU). It applies to any company that offers AI products or services in the EU, even if that company is based elsewhere, including the United States. If your company develops, sells, or uses AI systems that could reach European customers, you should understand how this law may apply to your organization.

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