Understanding the EU Artificial Intelligence Act: Key Aspects to Know
The field of artificial intelligence is rapidly advancing, with machines becoming more intelligent and self-learning every day. As machines become more intelligent, there is a growing concern about the implications these advancements could have on human life.
The European Union (EU) has recently announced the adoption of the Artificial Intelligence Act, aimed at regulating the use of artificial intelligence across the EU. This article will delve into the key aspects of the EU Artificial Intelligence Act and what it means for businesses and individuals.
What is the EU Artificial Intelligence Act?
The EU Artificial Intelligence Act is a proposal for regulating the development, deployment, and use of AI systems across the EU. The proposal was presented by the European Commission in April 2021 and is expected to come into effect in 2024.
The proposal identifies four categories of AI systems: unacceptable risk, high risk, limited risk, and minimal risk. Unacceptable risk AI systems will be banned, while high-risk AI systems will be strictly regulated.
High Risk AI Systems
High-risk AI systems are those that could cause harm to individuals or society. These systems include applications in healthcare, transport, finance, and law enforcement, among others.
The EU Artificial Intelligence Act requires that high-risk AI systems undergo rigorous testing and adhere to strict informational transparency requirements. Further, high-risk AI systems must be certified by an authorized third party before deployment.
Transparency and Accountability
Transparency and accountability are significant aspects of the EU Artificial Intelligence Act. The act requires that AI systems be transparent, explainable, and auditable.
In cases where AI systems pose risks, they must be traceable and have the ability to provide access to relevant documentation. This is particularly important for decisions made by AI systems, such as those made in healthcare.
Impact on Businesses
The EU Artificial Intelligence Act will have a significant impact on businesses operating in the EU. Businesses must adhere to the regulations set out in the AI Act while developing, deploying, and using AI systems.
Businesses must conduct risk assessments and ensure that they are not deploying any AI systems that fall under unacceptable risk. They must also ensure that their high-risk AI systems undergo third-party certification before deployment.
Conclusion
The EU Artificial Intelligence Act is a significant development in the regulation of AI across the EU. The act seeks to ensure that AI systems are deployed ethically and in a way that does not cause harm to individuals or society.
Businesses must ensure that they comply with the AI Act while developing and deploying AI systems. By doing so, they can contribute to a future where AI can be utilized ethically and for the greater good.
