European Start-ups Misled on EU AI Act’s Impact
European start-ups are misled into thinking the EU AI Act stifles innovation, but experts argue it fosters trust and innovation by regulating AI systems based on risk levels.
AI governance
EU AI Office Staffing Shortfall Risks Effective Regulation
The EU’s AI Office needs more staff to handle AI regulations, as it currently lags behind the UK’s AI oversight capacity, posing risks to EU citizens and businesses.
Second Draft of the General-Purpose AI Code of Practice published
The second draft of the General-Purpose AI Code of Practice outlines compliance measures for AI providers under the AI Act, focusing on transparency, risk management, and systemic risk obligations.
OECD report: Risks, Benefits, and Governance Strategies
The OECD report outlines AI’s potential benefits and risks, urging policymakers to establish effective governance and safety measures.
FPF publishes report on assessing AI risks
FPF’s report highlights the need for structured AI impact assessments to manage risks, urging organizations to improve information gathering, education, and risk measurement strategies.
EU Drafts Code of Practice for General-Purpose AI
The EU’s draft Code of Practice for AI model providers focuses on transparency and systemic risk management, seeking feedback to refine compliance guidelines under the AI Act.
EU Seeks Input on AI Act Definitions and Banned Uses of AI
The EU is consulting stakeholders to refine AI Act guidelines, focusing on defining AI systems and banned uses, with guidance expected in early 2025.
LatticeFlow’s Framework benchmarks for AI Act Compliance
The EU leads in AI regulation with a new framework; LatticeFlow’s Compl-AI assesses AI model compliance, revealing gaps in fairness and resilience, urging balanced development.
Guide for Responsible AI Adoption in Business
The World Economic Forum and GEP’s guide helps businesses adopt AI responsibly, focusing on transparency, accountability, and ethical principles to drive growth and efficiency.
Expert Analysis on EU AI Act and Liability Directives’ Limitations
Professor Sandra Wachter critiques the EU’s Artificial Intelligence Act and related directives for significant regulatory gaps due to lobbying and political pressures, which lead to broad exemptions and weak enforcement, potentially impacting AI governance and risk management globally.