Extract from Ella Sherman’s article “Compliance With EU AI Act Lags Behind as First Provisions Take Effect”
Last week, the first provisions of the EU AI Act came into effect, including the banning of certain AI systems outlined as posing “unacceptable risk.”
Article 5 of the EU AI Act, which is now in effect, prohibits the use of AI systems that pose unacceptable risk, such as systems used for social scoring, to manipulate users, and those that use biometric data to predict and assign characteristics for a person, among others.
Although this EU AI Act provision and others went into effect, legal experts say companies are still in the early phases of compliance, only now taking inventory of their AI capabilities. However, many expect enforcement of the act to slowly ramp up.
Debbie Reynolds Consulting founder and CEO Debbie Reynolds told Legaltech News that, “for the most part, a lot of companies aren’t aware [of this rule] because part of the prohibition of things that are considered unacceptable risk is that you have to do a risk assessment.”
