The European AI Act is the first comprehensive legal framework designed to regulate AI within the EU, ensuring safety, ethical use, and compliance with fundamental rights.
Key Aspects of the AI Act:
- Risk-Based Classification:
- Unacceptable Risk: AI that manipulates behavior or enables social scoring is banned.
- High Risk: AI in critical sectors (healthcare, hiring, policing) requires strict oversight.
- Limited Risk: AI like chatbots must disclose AI involvement.
- Minimal Risk: AI applications like spam filters have minimal restrictions.
- Scope: Applies to all AI systems entering the EU market, with exemptions for military and research uses.
- Governance: A European AI Board will enforce compliance across member states.
- Global Impact: Similar to GDPR, it sets a global benchmark for AI regulation.