…and China instead of Europe; as CEO Roland Busch says: I cannot explain to my shareholders why I am … Siemens is not happy with European Union (EU) regulations related to artificial intelligence (AI). Europe’s biggest engineering company has reportedly threatened to direct a larger share of its AI investments away from EU countries toward […]
Category Archives: The EU AI Act
Four-point summary The AI Act classifies AI according to its risk: Unacceptable risk is prohibited (e.g. social scoring systems and manipulative AI). Most of the text addresses high-risk AI systems, which are regulated. A smaller section handles limited risk AI systems, subject to lighter transparency obligations: developers and deployers must ensure that end-users are aware […]
Abstract: The EU Artificial Intelligence Act (EU AI Act) is gradually coming into force and poses significant challenges for small and medium-sized enterprises (SMEs). But instead of just seeing risks, SMEs can use the new rules as an opportunity to position themselves in global competition. A recent analysis by the Centre for European Policy (cep) […]