The Artificial Intelligence Act, known as the AI Act, comes in response to the growing (and potential) use of Artificial Intelligence (AI) systems across sectors. The Act addresses the need to manage the risks posed by these systems and the potential harm they may cause to the public interest, health, safety, security and fundamental rights protected by the European Union (EU).
Artificial Intelligence Act
Executive summary
The AI Act seeks to improve internal market functioning by creating a single legal framework for the development, marketing, use and servicing of AI systems in the European Union.
The Regulation will be fully applicable 24 months after entry into force, with the exception of bans on prohibited practices, best practice codes, general-purpose AI rules including governance, and obligations for high-risk systems, all of which will be implemented gradually.
Main Content
- AI Systems and risk-based classification. The Act defines AI Systems and establishes a risk-based classification (unacceptable, high-risk and non-high risk).
- Regulatory Sandboxes. The new regulation encourages the creation of regulatory sandboxes and sets out a basic framework in terms of governance, supervision and liability to ensure an innovation-friendly and sustainable legal framework.
- Governance. The AI Act establishes a governance system at both the EU and National level to guide, control and implement its content.
Download the technical note about the Artificial Intelligence Act.