The EU AI act will help SMEs to manage regulatory issues in a straight forward way instead of being less aware of ethical aspects of AI development. The US and many other countries will follow since US AI manufacturers wants to sell to Europe. the AI act has impact on AI-system used in Europe, irrespectively of where the AI-system developer is physically or legally located.
Agreed Hans! And, it will be important in adding clarity when there is a lot of activity in the field, and companies find themselves having to navigate a plethora of approaches, unsure of which would be the one that will lead them to achieving responsible AI goals.
The EU AI act will help SMEs to manage regulatory issues in a straight forward way instead of being less aware of ethical aspects of AI development. The US and many other countries will follow since US AI manufacturers wants to sell to Europe. the AI act has impact on AI-system used in Europe, irrespectively of where the AI-system developer is physically or legally located.
Agreed Hans! And, it will be important in adding clarity when there is a lot of activity in the field, and companies find themselves having to navigate a plethora of approaches, unsure of which would be the one that will lead them to achieving responsible AI goals.