EU AI Act comes into effect — Here’s what to expect
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The European Union’s AI Act takes effect on Aug. 1. It introduces significant regulations for artificial intelligence through phased implementation and key compliance obligations. The European Union’s Artificial Intelligence Act officially takes effect on Aug. 1, following its publication in the Official Journal of the EU on July 12. The landmark legislation marks a significant step toward regulating the rapidly evolving landscape of AI within the EU. As stakeholders across various industries prepare for the new rules, understanding the phased implementation and key aspects of the AI Act is crucial. Under the AI Act’s implementation scheme, the legislation will be introduced gradually, similar to the EU’s approach to the introduction of its Markets in Crypto-Assets Regulation, which allows organizations time to adjust and comply. Read more Source: https://cointelegraph.com/news/eu-ai-act-compliance-regulations-2024?utm_source=rss_feed&utm_medium=feed%3Ft%3D1722471790&utm_campaign=rss_partner_inbound
Filed under: News - @ August 1, 2024 12:23 am