EU AI Act enters into force, sets global standard for AI governance

The European Union’s AI Act entered into force yesterday. It is the world’s first comprehensive regulation for artificial intelligence. First agreed upon in December 2023, the law is applying a risk-based approach. The strictest measures only apply to “high-risk” systems, including tools related to employment and law enforcement. The regulation entirely prohibits AI systems deemed “unacceptable,” such a social scoring or police profiling. For “minimal-risk” AI, such as spam filters, there are no additional requirements. For “limited-risk” systems like chatbots, companies need to inform users that they’re interacting with AI. The Act also introduces a special set of rules for…

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