Leaked EU AI Act is ‘a wake-up call for organisations’

In a rush to regulate AI, the European Union published the final version of the EU’s AI Act. The leak of the 892-page document raises concerns about potential hindrances to innovation and challenges businesses and organizations to prepare for compliance. With a focus on the global impact, the regulation could lead to a surge in demand for AI governance programs and professionals, while also posing a threat to the future of EU tech. While aiming to strike a balance between regulation and innovation, the implications of the AI Act are a critical concern for businesses and organizations.