What Does the EU AI Act Mean for Businesses?
- Elements of the EU AI Act: Risk-Based Approach: The Act categorizes AI applications based on their risk level: Unacceptable Risk (banned), High-Risk (strict requirements), and Low-Risk (minimal oversight).
- Human Oversight: Humans must remain in control of high-risk AI systems, with safeguards in place to prevent misuse.
- Biometric Identification & AI Systems for Minors: The Act restricts the use of certain high-risk AI systems, such as facial recognition in public spaces and AI toys for children.
The EU Takes Center Stage in AI Regulation
Key Elements of the EU AI Act
The European Union (EU) is at the forefront of regulating artificial intelligence (AI) with the ground-breaking EU AI Act. This comprehensive legislation aims to ensure the ethical, safe, and trustworthy development and deployment of AI across the EU.
Explainable AI (XAI) Tools
LightBeam's XAI features promote transparency in your AI decision-making processes.
Transparency & Explainability
High-risk AI systems must be transparent in their decision-making processes, allowing users to understand how they arrive at conclusions.
Compliance Management Platform
LightBeam's XAI features promote transparency in your AI decision-making processes.