Thinking Space

The AI Act outlines a set of rules for organizations operating in the EU with enforcement starting in late 2024 and expanding through 2027.

Almost every organization has exposure to the AI Act because you are responsible for not only the AI capabilities you build, but also those capabilities you already bought.

An organization will find itself exposed to fines of up to €35 million or 7% of its global turnover with requirements.

Organitzations have atleast one of the four categories of AI adoption:

Though the majority of organizations are not likely to be using prohibited AI systems, there is an urgent need to to identify, classify and catalogue your AI adoption.

_{Sources: Gartner & http://www.euaiact.com}