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AI in the EU

17 July 2024
Issue: 8080 / Categories: Legal News , EU , Artificial intelligence
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Corporate counsel and commercial lawyers are scrambling to prepare for the Artificial Intelligence Act, which comes into force in the EU on 1 August

The Act, which establishes a common regulatory framework for AI, will be brought into operation incrementally in the next six to 36 months. Its provisions are wide-ranging, for example, people will need to be notified when they are interacting with a chatbot, AI systems must be transparent, traceable, non-discriminatory and their use overseen by a human being.

Charlie Bromley-Griffiths, corporate counsel at revenue management company Conga, said: ‘From a compliance perspective, businesses need to move fast. Indeed, many organisations still need to educate AI and train these systems, but this is very much reliant on their own internal data architecture.’

Keith Fenner, senior vice president at Diligent, a governance software provider, said: ‘The onus is on British and Irish businesses to prepare for compliance.

‘Failure to do so can lead to the potential for hefty fines—up to €35m or 7% of global turnover for breaches.’

 

 

Issue: 8080 / Categories: Legal News , EU , Artificial intelligence
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NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
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