Passage Of European Ai Act 2024

By Ikechukwu Odoemelam Esq,

16 points you need to know about European AI Act is a brief account of the passage of the long awaited Act which the world want to model in order to combat AI

While the case,Getty Images Inc and associates, against Stability AI, was still ongoing the long awaited European AI Act was passed into law, Wednesday 13th March 2024 by members of European Parliament. Getty had alleged Stability AI“scraped” millions of images belonging to Getty without its consent.

Getty's claims included copyright infringement, trade mark infringement passing off as well as database right infringement

Just as the defendant seemed not to come to terms with the main claim yet, instead they're entering 'no case submission' defence.

After a glimpse at the 'Act' classifications were dominant as one of the features of the Act. Here are some of the outstanding ones:

Unacceptable Risk AI Systems: AI systems posing significant risks to fundamental rights, safety, or welfare that are prohibited for use or restricted to prevent harm.

High-Risk AI Systems: AI systems with specific characteristics or applications that could pose significant risks to health, safety, or fundamental rights, subject to stringent requirements and oversight.

Limited-Risk AI Systems: AI systems with moderate risks, subject to certain obligations to ensure transparency, accountability, and user protection.

Minimal-Risk AI Systems: AI systems posing minimal risks to health, safety, or fundamental rights, typically exempt from extensive regulatory requirements but still expected to comply with basic standards.

Exempt AI Systems: AI systems falling outside the scope of regulatory oversight due to their negligible or insignificant risks.

Autonomy was embedded in the broad definition of AI.

A duty of fundamental rights impact assessment is now imposed on banks, insurers and governments.

AI systems and GPAI models now come with special transparency obligations.

A right to complain is provided for as well as mode of enforcement.

Bearing any errors or objections by European Council, the Act will come into force in May 2024.

Twenty days after Publication of AI Act in the Official Journal the Act will become enforceable.

Enforcement of prohibited AI practices begins after 6 months.

AI systems and GPAI models obligations commences in 12 months.

AI Act will apply in 24 months as well as most other obligations.

High-risk systems obligations listed in Annex II commence in 36 months time.

Public high-risk AI by authorities excluded from the market takes effect in 48 months.We need more information on the Act and responses from the general public as comments, reviews and critiques unfold.

Till then,
I remain Ikechukwu Odoemelam l IPlawyer l Copywriter l Author l Digital Marketer l Graphic Designer l Blogger