EU's Landmark AI Act Set to Take Effect on August 1, 2024

2 Sources

The European Union's comprehensive AI regulations, known as the AI Act, will begin enforcement on August 1, 2024. This groundbreaking legislation aims to regulate AI systems based on their potential risks and impact on society.

News article

EU's AI Act: A New Era of AI Regulation

The European Union is set to usher in a new era of artificial intelligence regulation with the enforcement of its landmark AI Act beginning on August 1, 2024 1. This comprehensive legislation, which has been in development for years, aims to establish a global standard for AI governance and ensure the responsible development and deployment of AI technologies across the EU.

Risk-Based Approach

At the core of the AI Act is a risk-based approach to regulation. The legislation categorizes AI systems based on their potential impact on society and individuals:

  1. Unacceptable Risk: Systems in this category, such as social scoring by governments, are outright banned 2.
  2. High Risk: AI systems used in critical infrastructure, education, law enforcement, and hiring processes fall under this category and will face strict oversight 1.
  3. Limited Risk: This includes AI-powered chatbots, which will be subject to transparency requirements 2.
  4. Minimal Risk: Most AI systems, including spam filters and AI-enabled video games, fall into this category and will face minimal regulation 1.

Key Provisions and Requirements

The AI Act introduces several key provisions to ensure the responsible development and use of AI:

  1. Transparency: Companies must disclose when they use AI-generated content, including deepfakes and AI-generated images 2.
  2. Human Oversight: High-risk AI systems will require human oversight to prevent potential harm 1.
  3. Data Quality: Strict requirements on data quality and documentation for AI system training 2.
  4. Compliance and Penalties: Non-compliance can result in fines of up to €35 million or 7% of global revenue 1.

Global Impact and Industry Response

The EU's AI Act is expected to have far-reaching consequences beyond Europe, potentially influencing AI regulations worldwide. Many tech companies and AI developers are already working to align their practices with the new rules, recognizing the EU market's importance 2.

Implementation Timeline

While enforcement begins on August 1, 2024, the full implementation of the AI Act will be gradual:

  1. Immediate Effect: Bans on prohibited AI practices take effect immediately 2.
  2. 12 Months: General purpose AI systems must comply with transparency requirements 1.
  3. 24 Months: High-risk AI systems must adhere to the new regulations 2.

As the world watches the EU's bold step in AI regulation, the coming months and years will reveal the true impact of this landmark legislation on the rapidly evolving field of artificial intelligence.

Explore today's top stories

Google Offers Free Weekend Access to Gemini's Veo 3 AI Video Generation Tool

Google is providing free users of its Gemini app temporary access to the Veo 3 AI video generation tool, typically reserved for paying subscribers, for a limited time this weekend.

Android Police logo9to5Google logoTechRadar logo

3 Sources

Technology

23 hrs ago

Google Offers Free Weekend Access to Gemini's Veo 3 AI

UK Government Considers Nationwide ChatGPT Plus Access in Talks with OpenAI

The UK's technology secretary and OpenAI's CEO discussed a potential multibillion-pound deal to provide ChatGPT Plus access to all UK residents, highlighting the government's growing interest in AI technology.

The Guardian logoDigital Trends logo

2 Sources

Technology

7 hrs ago

UK Government Considers Nationwide ChatGPT Plus Access in

AI-Generated Articles Slip Through Editorial Filters at Major Publications

Multiple news outlets, including Wired and Business Insider, have been duped by AI-generated articles submitted under a fake freelancer's name, raising concerns about the future of journalism in the age of artificial intelligence.

Wired logoThe Guardian logoFuturism logo

4 Sources

Technology

2 days ago

AI-Generated Articles Slip Through Editorial Filters at

Google's New Gemini-Powered Smart Speaker: A Glimpse into the Future of AI Home Assistants

Google inadvertently revealed a new smart speaker during its Pixel event, sparking speculation about its features and capabilities. The device is expected to be powered by Gemini AI and could mark a significant upgrade in Google's smart home offerings.

engadget logoGizmodo logoPCWorld logo

5 Sources

Technology

1 day ago

Google's New Gemini-Powered Smart Speaker: A Glimpse into

The Evolution of Search: How AI and Changing User Behavior Are Reshaping Digital Marketing

As AI and new platforms transform search behavior, brands must adapt their strategies beyond traditional SEO to remain visible in an increasingly fragmented digital landscape.

Gulf Business logoCampaign India logo

2 Sources

Technology

1 day ago

The Evolution of Search: How AI and Changing User Behavior
TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2025 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo