The EU Artificial Intelligence Act introduces a comprehensive regulatory framework aimed at ensuring safe and ethical AI practices while promoting innovation. Businesses worldwide need to assess their AI systems and develop compliance strategies as parts of the Act begin to take effect starting February 2025.
The EU Artificial Intelligence Act establishes a risk-based regulatory framework for AI systems, categorizing them into various risk levels, including limited-risk AI systems. These limited-risk systems, which include chatbots and content generators, are subject to specific transparency obligations to mitigate potential risks of impersonation and deception.
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