The EU AI Act Summit 2024

John Lloyd, Practice Lead joined the roster of speakers at the February summit on the EU AI Act. The summit brought together an exceptional panel of experts and provided practical guidance about how both providers and corporate users of AI should be preparing now for the introduction of this far-reaching piece of legislation.

Five key takeaways

  1. Requirement to establish sound AI Ethic Principles
  2. Need to create AI Governance standards, policies and requirements
  3. Importance of mapping and tracking the AI ecosystem within your organisation
  4. Attention should be given to ensuring adequate third party risk management
  5. Need to foster organisational cultural shift in terms of AI awareness through training, education and other initiatives.

 

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