EU's AI Act aims to regulate AI, balancing innovation with ethical concerns. Key points include a ban on high-risk AI by February 2025 and a code of practice by May 2025. Implementation begins August 1, 2026. Issues arise over definitions of high-risk systems, transparency, accountability, and copyright gaps. Compliance challenges noted, especially in protecting minors and enforcing regulations. Organizations should prepare for compliance despite uncertainties. AI Act shows potential for significant impact amid ongoing debates and complexities in legislation.
