INSIGHTS
Navigating the EU AI Act: A Guide for US-Based CxOs
The European Union's AI Act, which came into force on August 1, 2024, establishes a pioneering regulatory framework for artificial intelligence, employing a risk-based approach. It imposes the strictest measures on "high-risk" systems, such as those used in employment or law enforcement, while entirely prohibiting AI systems deemed "unacceptable," like social scoring or police profiling.