Big news from the European Union – all 27 member states have unanimously endorsed the revolutionary AI Act, signalling a monumental leap forward in AI regulation. But what does this mean for organisations like yours? In our previous blog, we have already provided an update on the non-compliance tiers and seen where these were applied throughout the EU, so now is the time to act; knowing where to go and what to do is crucial.
Key Developments:
- Tiered Approach: The AI Act introduces a tiered approach, balancing transparency requirements for all models with additional obligations for models posing systemic risks. It’s crucial to understand these nuances and adapt accordingly.
- EU AI Office: The establishment of the EU AI Office, set to oversee regulations on general-purpose AI, has raised concerns among member states but with our guidance, organisations can navigate the regulatory landscape with confidence.
- Max von Thun-Hohenstein Insights: While we await the full implementation of the AI Act, Max von Thun-Hohenstein urges immediate action against Big Tech’s AI dominance. Our modest partnership with Modulos empowers your organisation to navigate existing legislative powers and proactively address emerging challenges.
Time to get and stay ahead of the curve with dForce & Modulos
With the AI Act becoming a reality, organisations need to take steps to stay ahead of the game with compliance and seize opportunities in the evolving AI landscape. dForce, in partnership with Modulos offer our expertise and provide tangible solutions that can help navigate the complexities of the AI Act, ensuring seamless adaptation and compliance.
Summary of Key Provisions:
William Fry law firm’s consultants have outlined key provisions of the AI Act, including prohibitions on deceptive AI practices and obligations for AI systems. It’s essential to take proactive steps to comply.
Once entered into force, the AI Act will apply to prohibited systems from six months, of the commencement date, to GPAI from 12 months, and high-risk AI from 24 months for the high-risk systems listed Annex III (e.g. AI used in education, law enforcement, etc), and 36 months (where it’s a safety component of regulated
William Fry Law
The Time is Now:
The AI Act is no longer just a concept – it’s a reality, and a reality that is moving at pace. Organisations must act swiftly to adapt and thrive in this new regulatory landscape. With dForce and Modulos by your side, compliance is not just a goal – it’s a strategic advantage.
Stay tuned for further updates as we navigate the exciting journey of AI regulation together