The AI Act is a ground-breaking piece of legislation that comprehensively regulates the field of artificial intelligence in the European Union. It aims to ensure that AI systems are safe, secure and ethical and protect the fundamental rights of EU citizens
The AI Act came into force on 01.08.2024, with individual provisions coming into force between 6 and 36 months.
From February 2025, the first part of the provisions of the AI Act will apply. These provisions relate in particular to:
What does this mean for you?
If your company develops or uses AI systems, it is important that you familiarize yourself with the AI Act and prepare for its requirements. At LGP, we are happy to help you analyze your AI systems and help you implement the requirements of the AI Act.
At the AI Action Summit in Paris, EU Commission President Ursula von der Leyen unveiled the InvestAI initiative, which aims to mobilise €200 billion for investment in AI, including a new €20 billion European fund for AI gigafactories.
The aim is to increase the EU's competitive capability in AI, as the EU is currently lagging far behind the US or China.
In this context, it can also be understood that the EU Commission has published its work programme, listing the AI Liability Directive as one of the legislative proposals it will withdraw in the "foreseeable future". However, that move has had a conflicting reaction. On the one hand, critics of the directive have spoken of further regulation in the field of AI that will have a negative impact on companies and the competitiveness of EU companies. On the other hand, according to proponents of tougher AI regulation, the withdrawal of the AI Liability Directive will cause legal uncertainty, imbalances in corporate power and a "wild west" approach that only benefits Big tech companies.
The proposed directive was intended to shift the burden of proof to companies in cases of damage caused by an artificial intelligence system. This means that companies that have caused damage by an AI system would have to prove that they did not cause the damage. However, it should be said that it is still possible for the Commission to return to resolving liability for artificial intelligence, but with a different approach.
If you have any questions about the Artificial Intelligence Act, as well as other areas related to artificial intelligence, please do not hesitate to contact us. We will be happy to provide you with expert advice and help you navigate this complex subject.
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