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How The EU AI Act Stands To Impact Business
Forbes September 19, 2024
Karthik Sj, General Manager, AI at LogicMonitor. Built & Scaled multiple 0-1 AI products across public, PE and VC backed companies.
AI is in desperate need of a framework—this much, we can agree on. The European Union member states recently announced just that: a comprehensive set of rules surrounding AI, known as the EU AI Act, which allows third parties to assess the risk of AI innovations. The result is a lot of confusion about whether or not the EU has overstepped, which wouldn’t be the first time.
It was eight years ago that the GDPR was introduced—the first broadband set of rules on information privacy for the EU member states. I remember it vividly, not fondly, but fearing what...
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