How can companies prepare for the EU AI Act?
An example of an AI chatbot conversation about preparing for the EU AI Act.
What steps should companies take to comply with the EU AI Act?
Companies should start by assessing their AI systems to determine if they fall under the Act's regulations.
What specific requirements does the EU AI Act impose on high-risk AI systems?
High-risk AI systems must undergo rigorous risk assessments, ensure transparency, and maintain human oversight.
How can companies ensure transparency in their AI systems?
Companies can ensure transparency by documenting AI decision-making processes and providing clear user information.
Are there penalties for non-compliance with the EU AI Act?
Yes, companies can face significant fines and legal repercussions for failing to comply with the EU AI Act.
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