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The price of non-compliance

There are penalties for non-compliance - and theyre not small.

Why do we need it?

EU

Image credit: Pixabay

AI is evolving undeniably fast, and the existing regulation is pretty non-existent.

Despite its infancy, AI has had its fair share of controversy.

From theuse of copyrighted materialsto train Large Language Models, to chatbotshallucinatingoffering factually incorrect answers - AI needs guidance.

Unacceptable risk systems are those which the EU deem to pose a risk to people.

Examples include chatbots and generative AI systems like image, video, or audio editors.

These typically include things like spam filters and AI enabled video games.

Exceptions

There are a few exceptions to the prohibited systems.

see to it you do a full audit of any AI systems and create an inventory.

Training your staff and boosting awareness.

verify you keep a close eye on it and adapt your policies accordingly.