Posted 1/24/2024, 11:46:00 AM
EU Adopts AI Act: New Rules and Timelines for Businesses to Follow
- EU's AI Act will likely be adopted by May, meaning businesses have 6-12 months to comply with new rules and restrictions
- Prohibited AI uses like biometric categorization will need to comply within 6 months of rules taking effect
- General purpose AI like ChatGPT will face model evaluations, risk assessments, adversarial testing, and reporting requirements
- High-risk AI like autonomous systems get 24 months to comply, embedded medical device AI gets 3 years
- Regulatory sandboxes allow for development outside strict rules, with approval for 6-12 months of real-world testing