AI Act EU First AI Regulation

The AI Act EU was one of the first artificial intelligence laws established in a major market

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The first significant market to establish new AI regulations is the European Union (EU)

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The AI Act EU lays out distinct guidelines and terminology for importers, providers, and delayers

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The EU seeks to create an international benchmark for AI research

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The GDPR of 2018 gave the EU a comprehensive data privacy and security law

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Many businesses have no idea what kind of AI models and systems they have in development or in production

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Thus, any firm or organisation using AI in the EU single market must educate its users and workers

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The regulation itself lays out seven very loosely worded standards that must be met in order to comply with high-risk use scenarios For more details govindhtech.com

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