When will the EU AI Act be implemented?
An example of an AI chatbot conversation about the implementation timeline of the EU AI Act.
When will the EU AI Act be implemented?
The EU AI Act is expected to be implemented in 2024, following its approval and finalization.
What are the main goals of the EU AI Act?
The main goals are to ensure AI systems are safe, respect fundamental rights, and promote trust in AI technologies.
How will this act affect AI companies?
AI companies will need to comply with new regulations, which may include risk assessments and transparency requirements.
Are there any penalties for non-compliance?
Yes, companies that fail to comply may face significant fines, potentially up to 6% of their global annual revenue.
Can you give examples of high-risk AI applications?
High-risk AI applications include facial recognition, biometric identification, and systems used in critical infrastructure.
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