Matthijs Schonewille’s Post

Update on the adoption of the AI Act

FINALLY: The Council of the EU adopted the AI Act today. The next step will be publication in the Official Journal of the EU, after which the AI Act will enter into force 20 days after publication. When the individual provisions will actually take effect depends on the respective transitional provisions: 👇

Earlier today, the Council of the European Union approved the Artificial Intelligence (AI) Act, which aims to harmonize regulatory rules pertaining to AI systems within the EU's single market. As one of the first comprehensive regulatory approach to govern AI systems, the EU's AI Act will likely act as a first mover in the field of AI regulations and influence how other governments consider regulating AI systems based on the Act's risk-based approach. Link to the Council of the EU's press release: https://lnkd.in/eu9EeXue For a more in-depth coverage of the EU's AI Act, I recommend signing up for Risto Uuk's "The EU AI Act Newsletter": https://lnkd.in/eUFXxBFZ

European Council has approved the EU AI Act, a 'risk-based' approach to setting rules on responsible AI usage for safe and trustworthy AI systems. (Next steps:- once signed by presidents of the European Parliament and of the Council, the act will by published in the EU's Official Journal in the coming days, and enter into force twenty days after this publication.)

Heads up! Following the signatures of the Council of the European Union and the European Parliament, the AI Act will be published in the Official Journal of the EU in the coming days and will "enter into force" 20 days after publication, then formally apply 24 months later. Beware nuanced application dates for Chapter I, II, & III AI models!

📣 The #AIAct is no longer just talk—it’s official! 🚀 🗓 Countdown to AI Compliance! The clock will start ticking when the AI Act is published in the EU’s Official Journal, which will happen soon. ⏳ Staggered Applicability… Some provisions of the AI Act will apply six months from the start date (i.e., early 2025), while others provide 36 months to comply. The general applicability of all provisions without a specific applicability period is set at 24 months (i.e., summer 2026). 🎯 Get Set! https://lnkd.in/d8QE9CJ7

Here we go! The EU AI Act has now been formally adopted: Artificial intelligence (AI) act: Council gives final green light to the first worldwide rules on AI - Consilium

Artificial intelligence Act European Union Legislation in Progress European Union lawmakers signed the artificial intelligence (AI) act in June 2024. The AI act, the first binding worldwide horizontal regulation on AI, sets a common framework for the use and supply of AI systems in the EU. The AI Act was published in the EU's Official Journal on 12 July 2024. It entered into force in August 2024 The new act offers a classification for AI systems with different requirements and obligations tailored to a 'risk-based approach'. Some AI systems presenting 'unacceptable' risks are prohibited. A wide range of 'high-risk' AI systems that can have a detrimental impact on people's health, safety or on their fundamental rights are authorised, but subject to a set of requirements and obligations to gain access to the EU market. AI systems posing limited risks because of their lack of transparency will be subject to information and transparency requirements, while AI systems presenting only minimal risk for people will not be subject to further obligations. The regulation also lays down specific rules for general purpose AI (GPAI) models and lays down more stringent requirements for GPAI models with 'high-impact capabilities' that could pose a systemic risk and have a significant impact on the internal market.

Finally, a kick-start to the Global Standards for AI Regulation. The penalty provisions are interesting to look at!

EU Landmark AI Act has been approved by EU Council The European Union (EU) has made a significant stride in the regulation of Artificial Intelligence (AI) with the approval of the world's first comprehensive set of rules on AI, known as the AI Act. This landmark legislation, which is set to take effect next month, aims to harmonize rules on AI, fostering the development and uptake of safe and trustworthy AI systems across the EU’s single market. https://lnkd.in/exUmrKmx