TeckNexus ’s Post

View organization page for TeckNexus , graphic

3,486 followers

My Take on the #EU #AI Act: A Game-Changer with Some Head-Scratchers 🧐 The European Union AI Act, a 458-page document with 113 articles, is making waves in the AI industry. Here's what you need to know: 🛑 Unacceptable #Risk: Bans on government social scoring and manipulative AI systems. 🚦 High Risk: Strict #compliance for AI in critical areas like #infrastructure and #healthcare. 💬 Limited Risk: #Transparency requirements for #chatbots and similar systems. ✅ Minimal Risk: Encouragement to follow best practices, but no extra obligations. 🤔 The legislation needs to be flexible and keep pace with rapid AI advancements. #Startups and small businesses are given some attention, but the definition of "excessive cost" remains unclear. 🏥 Interesting exceptions include allowances for AI in #medical treatment and #advertising practices. However, transparency requirements for AI giants like Microsoft, Google, and OpenAI could be challenging. 🧩 Disclosure of #copyrighted data used in AI training is a complex issue that companies need to navigate carefully. 🚀 The Act aims to boost responsible AI development, but its complexity could hinder adoption, especially for smaller startups. 🕰️ Companies should start aligning their AI systems with these new standards as the Act will be phased in over several years. Read this article by Oliver King-Smith, CEO and founder smartR AI at https://lnkd.in/dQYCttQw

My Take on the EU AI Act: A Game-Changer with Some Head-Scratchers

My Take on the EU AI Act: A Game-Changer with Some Head-Scratchers

https://tecknexus.com

To view or add a comment, sign in

Explore topics