We use cookies to personalize content and to analyze our traffic. Please decide if you are willing to accept cookies from our website.

Understanding the Impact of the AI Act on SMEs in the European Union

With the rise in artificial intelligence (AI) and machine learning technologies in recent years, the European Union (EU) has released their AI Act to address the increased demand for ethical guidelines and transparency in deploying these AI systems. This new act is the first comprehensive law regulating the use and development of AI, which, according to the European Commission (EC), aims to “foster trustworthy AI in Europe and beyond, by ensuring that AI systems respect fundamental rights, safety, and ethical principles and by addressing risks of very powerful and impactful AI models.” The AI Act introduces guidelines on deploying and using AI systems for large, small and midsize enterprises (SMEs) and startups. SMEs that are deploying or planning to deploy AI models or applications must learn how to navigate this new regulation.

Inside the AI Act

The EU AI Act, proposed in April 2021, is now published in the Official Journal of …

Tactive Research Group Subscription

To access the complete article, you must be a member. Become a member to get exclusive access to the latest insights, survey invitations, and tailored marketing communications. Stay ahead with us.

Become a Client!