Techcrunch just posted about the EU’s new AI ACT HERE. Here is the first part of that post
It’s official: The European Union’s risk-based regulation for applications of artificial intelligence has come into force starting Thursday, August 1, 2024.
This starts the clock on a series of staggered compliance deadlines that the law will apply to different types of AI developers and applications. Most provisions will be fully applicable by mid-2026. But the first deadline, which enforces bans on a small number of prohibited uses of AI in specific contexts, such as law enforcement use of remote biometrics in public places, will apply in just six months’ time.
Under the bloc’s approach, most applications of AI are considered low/no-risk, so they will not be in scope of the regulation at all.
A subset of potential uses of AI are classified as high risk, such as biometrics and facial recognition, AI-based medical software, or AI used in domains like education and employment. Their developers will need to ensure compliance with risk and quality management obligations, including undertaking a pre-market conformity assessment — with the possibility of being subject to regulatory audit. High-risk systems used by public sector authorities or their suppliers will also have to be registered in an EU database.
see the rest of the post found HERE.