The EU AI Act is the world's first comprehensive Artificial Intelligence (AI) law. As the use of AI tools is rapidly expanding, it is crucial to have regulations in place, especially considering that AI systems are not developed without risks. There is evidence suggesting that AI systems entail risks and can potentially cause harm or damage.
The law will be used in all European Union countries to have a harmonized framework for AI regulation to ensure the ethical and trustworthy development and use of AI technology.
The key objectives of the EU AI Act include the following:
Creating a risk-based approach: The act categorizes AI systems into different risk levels (high-risk, limited risk, and minimal risk) based on their potential impact on human rights, safety, and societal well-being.
Imposing obligations on high-risk AI systems: Strict requirements would apply to AI systems considered high-risk, such as those used in critical infrastructure, healthcare, transport, or law enforcement. These requirements include conformity assessments, data governance, transparency, accountability, and human oversight.
Prohibiting certain AI practices: The act prohibits certain AI practices that pose significant risks, such as AI systems that manipulate human behavior to circumvent users' free will or exploit vulnerabilities of specific groups.
Enhancing transparency and accountability: The EU AI Act promotes transparency by requiring clear information about the AI system's purpose, capabilities, limitations, and how it makes decisions. It also emphasizes the need for accountability mechanisms and human oversight in high-risk AI systems.
Remember that information can evolve over time, so at Cegal, we will regularly review and update this page to ensure its accuracy and relevance.
Cegal and EU AI Act
As a part of our ESG commitment we strive to deliver safe and responsible technological developments for our clients. We are a UN global compact signatory and have policies that regulate safety around AI in our management system. This means that as soon as this law comes into force, Cegal will incorporate it.