How does the EU AI Act work?
An example of an AI chatbot conversation about the EU AI Act and its implications.
Can you explain what the EU AI Act is?
The EU AI Act is a regulatory framework aimed at ensuring the safe and ethical use of artificial intelligence in the European Union.
What are the main objectives of the EU AI Act?
The main objectives include promoting trustworthy AI, protecting fundamental rights, and ensuring a competitive market for AI technologies.
How does the EU AI Act classify AI systems?
AI systems are classified into four risk categories: minimal, limited, high, and unacceptable risk, each with different regulatory requirements.
What are the penalties for non-compliance with the EU AI Act?
Penalties can be significant, including fines up to 6% of a company's global annual revenue, depending on the severity of the violation.
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