Introduction: Background to the EU AI Act
The EU unleashed a groundbreaking legal framework for artificial
intelligence, directly applicable in all EU member states, and the
clock is ticking for businesses across every sector.
Regulation (EU) 2024/1689, better known as the EU AI Act (or
regulation), is not just another piece of legislation; it's a
paradigm shift designed to foster trustworthy, human-centric AI
while safeguarding fundamental rights.
If your company is developing, deploying, or even just
considering integrating AI into its operations, now is the time to
sit up and take notice.
AI regulation for businesses in the EU
The future of AI in Europe will be regulated, and understanding
these new rules, particularly for "high-risk" systems, is
paramount to continued success and avoiding significant
penalties.