regulation

2024 EU AI Act Overview:
The EU AI Act, effective from August 1, 2024, regulates AI development and use in the EU, ensuring safety, fundamental rights protection, and innovation promotion while avoiding market fragmentation. It covers various sectors, mandates AI literacy, and a risk-based framework. Certain AI practices deemed harmful are prohibited (e.g., manipulative techniques, social scoring). High-risk AI systems face stringent rules, while general-purpose AI models must meet specific criteria and inform authorities of risks. Compliance involves transparency and ethical guidelines, with penalties for violations reaching EUR 35 million or 7% of global turnover. The Act aims for a trustworthy, human-centric AI ecosystem.

https://cms-lawnow.com/en/ealerts/2025/03/2024-eu-ai-act-a-detailed-analysis

EU's new GPAI Code, delayed but published on March 11, aims to aid compliance under the AI Act for General Purpose AI providers. While it includes streamlined commitments and user-friendly documentation, concerns remain from tech bodies about copyright and risk evaluation requirements. Further guidance on GPAI models is forthcoming. Finalization is due by May; if not completed by August 2025, common rules may be established by the Commission. The success of this voluntary Code is crucial for practical implementation of the AI Act.

https://thelens.slaughterandmay.com/post/102k49e/ai-acts-new-gpai-code-out-finally

AI companies, led by OpenAI, challenge transparency requirements in Europe's AI Act, particularly around notifying content creators when their works are used as training data. As the August 2 deadline approaches, creatives demand compensation, citing copyright infringement and the use of their works without consent. European rightsholders, including journalist groups, feel inadequately protected and are opting out to prevent unauthorized access, while AI firms argue regulations hinder innovation. France, a key player in both AI development and cultural protection, navigates this complex landscape as it balances technological advancement with artist rights.

https://variety.com/2025/digital/global/ai-companies-battle-europe-ai-act-creatives-push-back-1236302611/

EU's AI Code of Practice faces criticism for potential regulatory clashes with existing laws, raising compliance concerns. The third draft may overreach beyond the EU AI Act, complicating legal clarity and contradicting the EU's goal to simplify regulations.

https://www.mofo.com/resources/insights/250306-ai-compliance-or-bureaucratic-burden

Podcast discusses EU AI Act, Colorado AI Act, EDPB guidance on AI and data protection, comparing acts and implications for AI's future.

https://www.reedsmith.com/en/perspectives/2025/03/ai-explained-the-eu-ai-act-the-colorado-ai-act-and-edpb

EU AI Act mandates AI literacy in organizations, requiring tailored training for technical teams, non-technical staff, and leaders. Effective programs should ensure compliance but also promote security culture and address AI risks. Comprehensive training enhances resilience and prepares the workforce for an AI-driven future.

https://blog.knowbe4.com/ai-literacy-a-new-mandate-under-the-eu-ai-act-what-your-organization-needs-to-know

AI: Friend or Foe?
Experts discuss AI legislation's future, moving focus from capabilities to regulation. Bunnings’ facial recognition case highlights privacy concerns and the need for risk-based regulatory frameworks, as seen in the EU's 2024 AI Act. A global consensus on AI's societal benefits is needed, emphasizing ethical principles over tech-specific laws. Trust in AI is crucial, particularly regarding open-source models. The call for regulations promotes safe AI deployment while balancing innovation, with Australian laws lagging behind global standards.

https://www.monash.edu/alumni/monash-life/articles-2025/ai-friend-or-foe