August 14, 2024 Why the EU AI Act is the New GDPR AI Featured, AI Regulation, News In this articleThe EU AI Act is the most comprehensive AI legislation to date, with phased implementation starting from August 2024 through August 2026.The Act introduces significant regulations on AI use, including mandates on watermarking AI-generated images and compliance with EU copyright law.There are concerns that the Act’s broad regulations might stifle innovation and push AI companies out of the European market.While the Act focuses on privacy and unethical AI use, loopholes like broad allowances for biometric surveillance remain.Perhaps the lack of clarity is an attempt to allow innovation while being able to curb bad actors or bad consequences.More Why the EU AI Act is the New GDPR – TechopediaMore