What are the key regulations for AI compliance?
Key regulations for AI compliance include GDPR, CCPA, and the proposed EU AI Act, focusing on data protection and transparency.
How does GDPR affect AI systems?
GDPR impacts AI by requiring data protection, user consent, and the right to explanation for automated decisions.
What are the best practices for ensuring AI compliance?
Best practices include conducting regular audits, implementing data governance, and ensuring transparency in AI algorithms.
Can you explain the EU AI Act?
The EU AI Act aims to regulate AI systems based on risk levels, ensuring safety and fundamental rights protection.
What penalties exist for non-compliance with AI regulations?
Penalties can include hefty fines, legal action, and reputational damage, depending on the severity of the violation.
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