The European Union has taken a monumental step in regulating artificial intelligence with the introduction of the EU AI Act, the world's first comprehensive legal framework for AI. This groundbreaking legislation aims to address the risks associated with AI systems while positioning Europe as a global leader in ethical AI development. The timeline for its implementation has now been clarified, providing businesses and stakeholders with critical deadlines to prepare for compliance.
According to the official schedule, the EU AI Act was published in the EU Official Journal on July 12, 2024, and will enter into force across all 27 EU Member States on August 1, 2024. While the majority of its provisions will not be enforced until August 2, 2026, certain obligations will come into effect earlier. This staggered approach allows organizations time to adapt to the new regulations.
Key milestones include the establishment of the AI Office and the recruitment of experts for a Scientific Panel to advise on AI model assessments. The European Commission has already issued calls for experts, signaling the urgency of building a robust oversight mechanism. This panel will play a crucial role in ensuring that high-risk AI systems meet the necessary safety and ethical standards.
Starting from August 2025, specific obligations under the Act will begin to roll out as planned, despite recent pressure from over 40 tech CEOs and companies like Alphabet and Meta to delay the timeline by two years. The European Commission has firmly rejected these calls, emphasizing the importance of adhering to the original schedule to protect consumers and maintain trust in AI technologies.
The EU AI Act adopts a risk-based approach, categorizing AI systems into different risk levels with corresponding compliance requirements. High-risk systems, such as those used in healthcare or law enforcement, will face stricter regulations, while low-risk systems will have lighter obligations. This framework is designed to balance innovation with accountability.
As the implementation progresses, businesses across the EU and beyond are urged to stay informed about the evolving guidelines and prepare for compliance. The EU AI Act not only sets a precedent for global AI regulation but also underscores Europe’s commitment to fostering ethical AI practices. Stakeholders can expect further updates and detailed compliance guides, potentially by late 2025, to assist in navigating this transformative legislation.
Maria Lourdes
