EU AI Act: Everything You Need to Know
The European Union's groundbreaking AI Act is poised to reshape the global landscape of artificial intelligence. This comprehensive legislation aims to strike a delicate balance between fostering innovation and ensuring ethical AI development. As we delve into the intricacies of this landmark regulation, let's explore its key provisions, implications, and the potential impact on businesses and society. Understanding the EU AI Act The EU AI Act represents a proactive approach to governing AI systems, recognizing the transformative potential of this technology while addressing its associated risks. The legislation categorizes AI systems into four risk tiers: Unacceptable AI: AI systems that pose a clear threat to people's safety, livelihoods, and fundamental rights are strictly prohibited. This includes social scoring systems and AI-powered real-time facial recognition in public spaces. High-risk AI: AI systems that could have significant negative impacts on people's safety …
