EU AI Act: Enforcement insights and guidance for businesses
Lorraine Maisnier-Boché, Pilar Arzuaga and Simon Mortier of McDermott Will & Emery report on the EU AI Act which is expected to enter into force in May.
The EU AI Act introduces a groundbreaking framework for regulating artificial intelligence (AI) across Europe, categorizing AI systems into four risk levels: Prohibited AI, High-Risk AI, Limited Risk AI, and Minimal Risk AI. Each category demands specific compliance measures, impacting a wide array of sectors such as healthcare, finance, and consumer technologies. The Act’s broad scope introduces complexity to its enforcement, handled primarily by national market surveillance authorities within Member States and supported by the newly established AI Office at the EU level for overseeing general-purpose AI models.
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