Explore how the new European AI Act provides structured guidelines for responsible AI use, impacting various industries from healthcare to transport.
Introduction to the AI Act The European AI Act, effective from August 2024, introduces a comprehensive framework for how AI is to be responsibly developed and deployed within the EU, minimizing risks while promoting innovation. Proposed in 2021 and finalized in 2023, it seeks to balance regulation with economic progress. Core Framework and Risk Categories…