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Compliance risks can slow down AI innovation

80% of companies will allocate at least 10% of their total AI budget to regulation by 2024
Companies struggle to meet requirements for regulations
Compliance occupies up to 4% of your workforce on an ongoing basis
3-7% of global revenue at risk from AI regulations

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EU's AI liability directives

AI Liability in the EU: Business guide to Product (PLD) and AI Liability Directives (AILD)

The EU is establishing an AI liability framework through two key regulations: the Product Liability Directive (PLD), taking effect in 2024, and the proposed AI Liability Directive (AILD). The PLD introduces strict liability for defective AI systems and software, while the AILD addresses negligent use, though its final form remains under debate. Learn in this article the key points of these regulations and how they will impact businesses.

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Council of Europe - AI Treaty [1]

Global AI Treaty: EU, UK, US, and Israel sign landmark AI regulation

The Council of Europe has signed the world's first AI treaty marking a significant step towards global AI governance. This Framework Convention on Artificial Intelligence aligns closely with the EU AI Act, adopting a risk-based approach to protect human rights and foster innovation. The treaty impacts businesses by establishing requirements for trustworthy AI, mandating transparency, and emphasizing risk management and compliance.

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Regulating LLMs: What the EU AI Act Means for Providers of Generative AI Systems white paper

Regulating LLMs: What the EU AI Act Means for Providers of Generative AI Systems

As businesses rapidly adopt Generative AI models like LLMs and foundation models, the EU AI Act introduces a comprehensive regulatory framework to ensure their safe and responsible use. Understanding and complying with these new rules is crucial for organizations deploying AI applications.

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