EU-AI Act: An Overview
Ray Najem
Sales Representative & Webmaster
Artificial Intelligence (AI), as highlighted by Google CEO Sundar Pichai, is seen as a transformative technology potentially more impactful than fire or electricity. In response, the European Union (EU) introduced a regulatory framework in April 2021, categorizing AI systems by risk and applying tailored measures to ensure safety, transparency, and fairness. This framework aims not only to mitigate risks but also to foster innovation, predicting significant economic growth and job creation by 2030. By setting a global benchmark for AI governance, the EU seeks to ensure that AI development is ethical and beneficial, balancing innovation with the protection of societal values.
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