July 23, 2024 EU Artificial Intelligence Regulation Published – What You Need to Know AI Featured, News In this article:Key Points on the New EU Artificial Intelligence Regulation:Publication Date: Friday, July 12, 2024Significance: First comprehensive EU AI Regulation worldwideFocus: Ensures safety and free movement of goods and services using AI technologiesKey Features:Risk-Based Classification System:AI applications are classified based on the level of risk they pose.Transparency and Safety Requirements:Stringent measures to ensure AI systems are transparent and safe for use.Robust Data Governance Measures:Strict guidelines on how data is managed and used by AI systems.Prohibited AI Practices (According to Art. 5):Violations of European Values:AI applications that violate fundamental rights.Applications posing an unacceptable risk to individuals.The article then goes on to look at the other 3 risk categories More https://www.kslaw.com/news-and-insights/eu-artificial-intelligence-regulation-published-what-you-need-to-knowMore
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