Dimitrios Papadopoulos, MSc, IESOEL, PMI-RMP®, CAME, CertIFR’s Post

🚀 𝗕𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗡𝗲𝘄𝘀: 𝗧𝗵𝗲 𝗘𝗨'𝘀 𝗔𝗜 𝗔𝗰𝘁 𝗥𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗙𝗶𝗻𝗮𝗹 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹! 🚀 The European Union has officially adopted the world's first comprehensive regulations on Artificial Intelligence, setting a global standard for AI development and deployment. This landmark AI Act is designed to foster innovation while ensuring trust, safety, and fundamental rights. 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: 🔍 Boosting Trust: The AI Act introduces strict compliance requirements, particularly for high-risk AI systems, ensuring they undergo rigorous assessment and transparency obligations before hitting the market. This fosters greater public trust in AI technologies by prioritizing user safety and ethical standards. 👨💼 Transforming Auditors' Work: Auditors will play a crucial role in this new regulatory landscape. They will be an important part of verifying AI systems' adherence to the new standards, conducting conformity assessments, and overseeing ongoing compliance. This not only elevates the importance of our work but also requires new skills and expertise in AI technologies. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 1. Risk-Based Approach: AI systems are categorized into minimal, limited, high, and unacceptable risk levels, with corresponding regulatory requirements. 2. Transparency & Accountability: High-risk AI systems must be registered, carry a CE marking, and undergo continuous oversight. 3. Global Impact: The AI Act is expected to influence AI regulations worldwide, similar to the "Brussels Effect" seen with GDPR, prompting other regions to adopt similar standards. The EU's bold move underscores the importance of ethical and trustworthy AI and sets a precedent for global AI governance. As we navigate this new era, the role of auditors and compliance professionals will be pivotal in ensuring these technologies are safe, trustworthy, and aligned with societal values. #AI #ArtificialIntelligence #EUAIAct #TrustInTech #Regulation #FutureofAudit #Innovation #TrustworthyAI

𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗜𝗺𝗽𝗮𝗰𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗘𝗨 𝗔𝗜 𝗔𝗰𝘁: 𝗪𝗵𝗮𝘁 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗔𝗿𝗲𝗻’𝘁 𝗧𝗮𝗹𝗸𝗶𝗻𝗴 𝗔𝗯𝗼𝘂𝘁 The EU AI Act, finalized in 2024, goes beyond mere compliance—it’s reshaping the very landscape of AI innovation. While most discussions focus on the high-risk AI systems and their stringent requirements, there’s a lesser-known aspect: 𝘵𝘩𝘦 𝘳𝘪𝘱𝘱𝘭𝘦 𝘦𝘧𝘧𝘦𝘤𝘵 𝘰𝘯 𝘈𝘐 𝘴𝘶𝘱𝘱𝘭𝘺 𝘤𝘩𝘢𝘪𝘯𝘴 𝘢𝘯𝘥 𝘤𝘳𝘰𝘴𝘴-𝘣𝘰𝘳𝘥𝘦𝘳 𝘥𝘢𝘵𝘢 𝘧𝘭𝘰𝘸𝘴. Did you know that the Act mandates not just transparency and human oversight for AI systems, but also introduces specific guidelines for AI systems utilizing #𝙘𝙧𝙤𝙨𝙨-𝙗𝙤𝙧𝙙𝙚𝙧 data, especially in industries like healthcare and finance? This could dramatically alter how companies manage data, forcing them to rethink their global data strategies. Moreover, the Act’s requirement for continuous risk assessments and the integration of ethical AI principles is pushing businesses to innovate responsibly or face hefty penalties. These hidden requirements are not just about ticking boxes—they're about building trust in AI systems worldwide. The real question is: 𝘏𝘰𝘸 𝘱𝘳𝘦𝘱𝘢𝘳𝘦𝘥 𝘪𝘴 𝘺𝘰𝘶𝘳 𝘰𝘳𝘨𝘢𝘯𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘵𝘰 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘵𝘩𝘦𝘴𝘦 𝘶𝘯𝘥𝘦𝘳-𝘵𝘩𝘦-𝘳𝘢𝘥𝘢𝘳 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘌𝘜 𝘈𝘐 𝘈𝘤𝘵? #𝗔𝗜 #𝗘𝗨𝗔𝗜𝗔𝗰𝘁 #𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 #𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 #𝗗𝗮𝘁𝗮𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 #𝗘𝘁𝗵𝗶𝗰𝗮𝗹𝗔𝗜"

Towards a new ISO standard to support compliance with the AI Regulation! 🤖 𝗔𝗙𝗡𝗢𝗥 is currently working on the creation of an 𝗜𝗦𝗢 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 that will strengthen the framework and compliance with the Artificial Intelligence Regulation (hashtag#AIAct). This standard is set to become a key reference for European and international companies eager to ensure the responsible and ethical use of AI. 🌍 The standard under development will be divided into 𝟰 𝗺𝗮𝗷𝗼𝗿 𝘀𝗲𝗰𝘁𝗶𝗼𝗻𝘀, covering all the key issues related to the implementation and use of AI: 💼 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗿𝗶𝘀𝗸 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: This section will address best practices for establishing strong governance frameworks to ensure transparency, accountability, and fairness in the development and use of AI systems. ⚙️ 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: The technical aspects of compliance will be detailed, including recommendations on algorithm design, data management, and regular technical audits to identify potential risks. 🔍 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗲𝘅𝗽𝗹𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆: This pillar will focus on the obligation to inform end users and provide clear explanations of how AI systems work, in order to build trust and public acceptance of these technologies. 🛡️ 𝗢𝗻𝗴𝗼𝗶𝗻𝗴 𝗲𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗺𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴: Finally, this section will provide guidelines for continuous evaluation of AI systems, with special attention to biases, social impacts, and updating AI models based on evolving data and usage contexts. 📅 𝗣𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻𝗮𝗹 𝘁𝗶𝗺𝗲𝗹𝗶𝗻𝗲: 𝗔𝗙𝗡𝗢𝗥 plans a stakeholder consultation process throughout 2024, with official publication of the standard expected by the end of 2025. This timeframe will allow input from experts, companies, and regulators to propose a strong standard applicable on an international scale. This standard will complement the legal framework already defined by the AI Regulation, providing companies with a practical tool to anticipate and manage their obligations. #AIRegulation #ISOStandard #AFNOR #ArtificialIntelligence #Compliance #AIAct #DigitalEthics #ResponsibleInnovation #TechForGood

🌍𝗣𝗿𝗲𝗽𝗮𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗔𝗜 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗘𝗨 𝗔𝗜 𝗔𝗰𝘁 ♦️ The EU AI Act is reshaping how companies worldwide approach AI development and governance. As the first comprehensive legislation on AI, it emphasizes risk management, data governance, and ethical AI practices—impacting not only EU-based businesses but also international companies offering AI products or services in the European market. 𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀: 📊 Data Quality is Paramount: Ensuring accurate, representative, and traceable data is essential for compliance. 🌐Global Implications: Even companies outside the EU must meet these stringent requirements to access European customers. 📋 Compliance is Complex: Businesses must continuously invest in robust data governance, technical documentation, and transparency to stay ahead. This transformative legislation presents both challenges and opportunities for businesses navigating the global AI landscape. Discover how to adapt and thrive in our joint blog post with Ataccama and Camelot Principal Consultant Jan Hinsch. 👉 Read more: https://lnkd.in/eZqgRU32 #AIRegulations #DataGovernance #ResponsibleAI #EUAIACT

AI Act is here. If you are already utilizing AI within your business or operations or are planning to do so as so many are - you might find this interesting. Join our event to hear the latest and the greatest info on this on site or remote. #getthefutureyouwant #capgemini

🌍 European Commission publishes first AI Code of Practice draft! 📜 Yesterday, the European Commission published its first draft of the General-Purpose #ArtificialIntelligence Code of Practice. Its four working groups, two of which feature representatives from EthicAI, will now provide feedback on the Code. Key aspects include #transparency, enforcement of #copyright, systemic risk taxonomy, risk assessment methods, and mitigation measures for systemic risks. The first draft is based on contributions from a multistakeholder consultation organised by the EC's #AI Office. We believe establishing guidelines like this through #open processes will lead to better trust in and uses of AI. EthicAI builds #trust in AI solutions. We believe ethics-driven AI helps our clients minimise the risks and maximise the benefits of AI deployment. #TrustworthyAI #AINews #AIStrategy #AIForBusiness #ethicalAI #AIethics #genAI #responsibleAI #AIgovernance #AIlaw #AIpolicy (🔗 to article in comments)

The #EUAIAct officially went into force last week! Are you up to date? ⏳🇪🇺 The AI Act is the first comprehensive #regulation on AI anywhere. It’s currently reshaping the entire #AI landscape across #Europe and setting ethical global standards for various sorts of companies.🌍 The legislation distinguishes three #RiskCategories of AI: Unacceptable risk applications, high-risk applications and limited/minimal risk applications. The AI Act showcases frameworks for each type of category. Companies envisioning their future with the use of AI must be aware that the EU AI Act is pushing #Digitalinsurance to become a top priority. Especially if you fall in the high-risk application, the chance of having many legal obligations to comply to under the act is fairly high. This can all become overwhelming, especially for #SME ’s that don’t have the recourses to make sure they’re completely up to date with the legislative burden. This is where Anove can help you. Anove ensures your compliance of many legislations, including those from the EU AI Act, while saving costs and giving you a chance to boost your business. The #AIregister is no exception to this, as it is a requirement set by the EU AI Act. ➡️Do you want to know more about the AI Act, don't miss our next webinar presented by our CTO Jean-Hugues Migeon https://lnkd.in/ec6QqF5v

𝐀𝐫𝐞 𝐲𝐨𝐮 𝐫𝐞𝐚𝐝𝐲 𝐭𝐨 #𝐀𝐈𝐀𝐜𝐭? With the approval of the #EU AI Act by the EU Parliament in mid-March – it’s almost final, we're just awaiting publication of the final text! ✅ – So we're pushing significantly closer to #TrustworthyAI. Now we have to keep the momentum going and leverage it to advance widespread implementation. We at #PwC do this with a newly formed EMEA Responsible AI initiative. As a team of experts for risk and compliance management, AI technology, digital trust, and transformation, we help our clients to move forward.   I am excited to launch the initiative together with my colleagues Mona de Boer, PhD and Chris Oxborough. Special thanks to Rami Feghali, our EMEA Head of Risk Services, for your great sponsorship and your belief in us. And I have to highlight again how proud I am of our great network, in which we bring together expertise from over twenty countries, living the global idea. As one of many examples for our practical experience, we have updated our whitepaper on AI regulation and its implementation: 🔍 What are the relevant legal norms to use AI? 🔍 How are AI systems classified? 🔍 How can holistic AI governance be achieved – serving as a value driver for AI? You want to know the answers? Check it out 👉🏻: https://lnkd.in/dCTQyV8t

🌍 The EU AI Act is set to transform the landscape of AI governance. By establishing a unified legal framework, the Act promotes the responsible development and use of AI across Europe, ensuring that innovation thrives alongside strict ethical standards. The Act's requirements for transparency, accountability, and risk management are designed to address the unique challenges posed by AI technologies. This includes provisions for data protection, impact assessments, and regulatory oversight, which are crucial for maintaining public confidence and fostering sustainable innovation. At OpenGIScience Research, we offer specialized training and advisory services to help your organization align with these new regulations. Our expert team can guide you through the complexities of the EU AI Act, ensuring your AI initiatives are both innovative and compliant. 📞 Contact us today to schedule a free advisory session and explore how we can help you lead in the era of responsible AI. #EUAIAct #AIGovernance #ResponsibleInnovation #AIRegulation #Transparency #Accountability #DataProtection #SustainableAI #OpenGIScienceResearch