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HealthTech Implications of the New EU AI Act (2024)
healthcare.digital February 5, 2024
Exec Summary:
The recently enacted EU AI Act brings significant implications for the HealthTech industry, aiming to balance innovation with ethical considerations and user safety. Here’s a breakdown of key points:
High-Risk AI in Healthcare:
Stricter regulations: AI-powered medical devices, diagnostic tools, and patient management systems will likely fall under the “high-risk” category, facing stricter scrutiny for transparency, explainability, and data governance.
Impact on development and deployment: Developers will need to ensure compliance with these regulations, potentially impacting development timelines and costs.
Increased accountability: Clear explanations for AI-driven decisions will be crucial, demanding robust algorithms and auditability.
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