Forbes March 27, 2025
The EU AI Act is the first comprehensive legislation of its kind, establishing international rules for the development and use of AI systems. The act marks a clear shift from the position that AI is just another category of software—and therefore should be subject to the same standards and regulations as other technologies.
The EU AI Act sets out a risk-based approach in an attempt to address the risks and issues that AI could potentially pose and processes to be implemented by companies harnessing the power of AI to protect end users. However, many of the elements in the EU AI Act are vague and open to interpretation, with codes of practice, guidance and supplementary standards still to be finalized...