“EU’s 2024 Artificial Intelligence Act: Why It Matters to the US ????

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Explore the European Union’s groundbreaking AI Act, designed to ensure safety and protect fundamental rights in the use of Artificial Intelligence. This video breaks down the risk-based framework of the Act, which categorizes AI applications into Minimal Risk, High Risk, and Unacceptable Risk categories.

Discover the key requirements for AI developers, including registration with the EU database, maintaining documentation, and undergoing compliance checks. Learn about the penalties for non-compliance—up to €35 million or 7% of annual turnover—and the timeline for enforcement, which begins on August 1, 2024, with full implementation by August 1, 2027.

Stay informed about how the EU is shaping the future of AI regulation!

#EUAIAct #ArtificialIntelligence #AIGovernance #AIRegulation