The European Union has taken a significant step in the regulation of artificial intelligence (AI) with the implementation of the Artificial Intelligence Act (AI Act), which came into force on August 1, 2024. This legislation establishes a comprehensive legal framework to ensure that AI systems developed and used in the EU are safe, transparent and respect the fundamental rights of individuals.
What does the AI Law imply for companies?
The AI Law classifies artificial intelligence systems into different risk levels:
- Unacceptable risk: Completely prohibited.
- High risk: Subject to strict requirements for transparency, human supervision and conformity assessment.
- Limited risk: Specific transparency obligations.
- Minimum risk: No additional requirements.
Companies developing or implementing AI systems must assess the risk level of their products and ensure that they comply with the relevant obligations. This includes technical documentation, conformity assessment and, in some cases, notification to the competent authorities.
The European AI Office: A key support
To facilitate the implementation of the AI Act, the European Commission has established the European Office for Artificial Intelligence. This entity acts as a center of expertise on AI across the EU and plays a crucial role in the implementation of the legislation, especially with regard to general purpose AI models. Its functions include:
- Develop tools and methodologies to assess the capabilities and risks of AI models.
- Develop codes of good practice in collaboration with experts and stakeholders.
- Investigate possible violations and request corrective actions from suppliers.
- Promote international cooperation and harmonization of standards in the field of IA.
Opportunities for companies
While the AI Act imposes new obligations, it also offers significant opportunities for companies that take a proactive approach:
- Competitive advantage: Companies that comply with the requirements of the AI Act will be able to differentiate themselves in the market as providers of secure and reliable AI solutions.
- Access to new markets: Compliance with EU legislation can facilitate entry into international markets that value safety and ethics in AI.
- Participation in European initiatives: Programs such as the AI Pact enable companies to collaborate with the European Commission and other stakeholders to share best practices and prepare for the implementation of the AI Law.
How can Montevive.ai help?
At Montevive.ai, we specialize in AI solutions that meet the highest security and ethical standards. We offer consulting services to help companies to:
- Assess and mitigate risks associated with AI implementation.
- Develop AI systems aligned with European regulations.
- Prepare for future audits and compliance requirements.
If your company is looking to lead in the field of secure AI and would like to participate in initiatives such as the AI Pact, contact us to explore how we can collaborate.
