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The EU’s AI Act and How Companies Can Achieve Compliance
Harvard Business Review February 22, 2024
Summary: The EU’s forthcoming AI Act imposes requirements on companies designing and/or using AI in the European Union, and backs it up with stiff penalties. Companies need to analyze where they might fail to be compliant and then operationalize or implement the requisite steps to close the gaps in a way that reflects internal alignment. For most companies, that won’t be easy. The article lays out what boards, C-suites, and managers need to do to make this process work and ensure their companies will be compliant when regulation comes into force.
Earlier this month, member states of the European Union unanimously voted in favor of the AI Act,...
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