• Where to Get Started with the EU AI Act: Part Two

  • Aug 12 2024
  • Length: 46 mins
  • Podcast

Where to Get Started with the EU AI Act: Part Two

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  • Summary

  • In the second part of our in-depth discussion on the EU AI Act, BABL AI CEO Dr. Shea Brown and COO Jeffery Recker continue to explore the essential steps organizations need to take to comply with this groundbreaking regulation. If you missed Part One, be sure to check it out, as this episode builds on the foundational insights shared there. In this episode, titled "Where to Get Started with the EU AI Act: Part Two," Dr. Brown and Mr. Recker dive deeper into the practical aspects of compliance, including: Documentation & Transparency: Understanding the extensive documentation and transparency measures required to demonstrate compliance and maintain up-to-date records. Challenges for Different Organizations: A look at how compliance challenges differ for small and medium-sized enterprises compared to larger organizations, and what proactive steps can be taken. Global Compliance Considerations: Discussing the merits of pursuing global compliance strategies and the implications of the EU AI Act on businesses operating outside the EU. Enforcement & Penalties: Insight into how the EU AI Act will be enforced, the bodies responsible for oversight, and the significant penalties for non-compliance. Balancing Innovation with Regulation: How the EU AI Act aims to foster innovation while ensuring that AI systems are human-centric and trustworthy. Whether you're a startup navigating the complexities of AI governance or a large enterprise seeking to align with global standards, this episode offers valuable guidance on how to approach the EU AI Act and ensure your AI systems are compliant, trustworthy, and ready for the future. 🔗 Key Topics Discussed: What documentation and transparency measures are required to demonstrate compliance? How can businesses effectively maintain and update these records? How will the EU AI Act be enforced, and which bodies are responsible for its oversight and implementation? What are the biggest challenges you foresee in complying with the EU AI Act? What resources or support mechanisms are being provided to businesses to help them comply with the new regulations? How does the EU AI Act balance the need for regulation with the need to foster innovation and competitiveness in the AI sector? What are the penalties for non-compliance, and how will they be determined and applied? What guidelines should entities follow to ensure their AI systems are human-centric and trustworthy? What proactive measures can entities take to ensure their AI systems remain compliant as technology and regulations evolve? How do you see the EU AI Act evolving in the future, and what additional measures or amendments might be necessary? 👍 If you found this episode helpful, please like and subscribe to stay updated on future episodes.Check out the babl.ai website for more stuff on AI Governance and Responsible AI!
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