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Final Text of the AI Act is out: Our Initial Thoughts

February 1, 2024
Summary
AI Act's final text out; prohibits AI systems distorting behaviour, exploiting vulnerabilities, inferring biometric categories, evaluating/classifying individuals unfairly, creating facial recognition databases untargetedly and assessing criminal risk based solely on profiling. High-risk AI systems need efficient risk management, documentation, registration, appropriate mitigation measures for feedback loops, and strong human oversight. Act applies to EU-based deployers, AI system outputs used in EU, and general-purpose AI models. Non-compliance warrants heavy administrative fines. Businesses should evaluate AI systems for compliance, document meticulously, implement disclosure measures, invest in human oversight, and communicate transparently regarding AI deployment in workplaces.
William Fry
Transform Healthcare - One Connection at a Time

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