Originally published by Truyo.Written by Dan Clarke.The European Union’s AI Act, which entered into force August 1, 2024, marks a historic milestone as the world’s first comprehensive regulation for artificial intelligence. This groundbreaking legislation, initially agreed upon in December 2023, aims to establish a robust framework for AI development and deployment, ensuring that technology advancements align with societal values and human rights.The Act adopts a risk-based approach to AI reg…
