A Phased Approach: Thoughts on EU AI Act Readiness
The European Union’s (EU) AI Act (the Act) represents landmark artificial intelligence (AI) regulation from the EU designed to promote trustworthy AI by focusing on the impacts on people through required mitigation of potential risks to health, safety and fundamental rights. The Act introduces a comprehensive and often complex framework for the development, deployment and use of AI systems, impacting a wide range of businesses across the globe.