24 September 2024
Decoding the AI Act: Key Elements
1 min read
The European Union’s Artificial Intelligence Act (AI Act), one of the first and likely the most comprehensive regulation of AI systems in the world, entered into force on 1 August 2024.
The AI Act will affect an incredibly wide range of AI systems used in the EU, and subject AI system providers to a range of compliance and transparency obligations reflecting a riskbased approach.
The European Union’s Artificial Intelligence Act (AI Act), one of the first and likely the most comprehensive regulation of AI systems in the world, entered into force on 1 August 2024.The AI Act will affect an incredibly wide range of AI systems used in the EU, and subject AI system providers to a range of compliance and transparency obligations reflecting a risk-based approach.
We will decode the the AI Act and its likely impact for affected businesses in a series of client alerts. This first alert below provides a general introduction to the AI Act.
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