The EU’s AI Act (the “Act”) is the world’s first comprehensive AI law. The Act manages risks posed by certain AI systems and prohibits certain AI-related practices. UK and US organisations should not assume that the Act does not apply to them; it has a broad extra-territorial scope and imposes high fines for non-compliance.
This briefing summarises at a headline level the key aspects of the Act and the initial steps that UK and US organisations can take towards compliance.
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