EU AI Act
frameworkThe EU AI Act is Regulation (EU) 2024/1689, a risk-based legal framework governing the development, placing on the market, deployment, and use of artificial intelligence in the European Union.
Technical explanation
The Act assigns requirements according to the role of the organisation and the risk or category of the AI system or general-purpose AI model. It prohibits specified practices, imposes controls on high-risk systems, introduces transparency duties for certain systems, and establishes obligations for general-purpose AI. Application dates are phased and have been amended, so organisations must verify the current timetable and guidance.
Business relevance
The Act affects AI product design, procurement, deployment, documentation, oversight, monitoring, and contracting for organisations serving or operating in the EU. Preparation requires an AI inventory, role and risk classification, evidence collection, and accountable governance.
Implementation example
A provider maps its AI-enabled products, determines whether it is acting as provider or deployer, screens for prohibited and high-risk uses, assigns evidence owners, and tracks obligations against the applicable timeline.
Limitations and common misconceptions
The AI Act is not a voluntary framework or a general ethical checklist. Obligations vary by role and use case, and implementation dates and supporting guidance can change. Legal interpretation should be validated by qualified counsel.
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