The European Union’s major AI law goes into effect on Thursday, bringing significant implications for American technology companies.
About the AI Act
The AI Act is a piece of EU legislation that regulates AI. The law, first suggested by the European Commission in 2020, seeks to combat the harmful effects of artificial intelligence.
The legislation establishes a comprehensive and standardized regulatory framework for AI within the EU.
It will largely target huge U.S. tech businesses, which are currently the main architects and developers of the most advanced AI systems.
However, the laws will apply to a wide range of enterprises, including non-technology firms.
Tanguy Van Overstraeten, head of legal firm Linklaters’ technology, media, and technology practice in Brussels, described the EU AI Act as “the first of its kind in the world.” It is expected
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