October 2024

The EU AI Act: A Step Forward, But Can It Keep Up With the Pace of AI?

The European Union’s AI Act, which officially came into force in August 2024, marks a crucial step in regulating artificial intelligence. With its risk-based approach, the regulation is designed to ensure that AI systems are used ethically and responsibly. It categorizes AI into levels of risk—from low-risk applications, like chatbots, to high-risk systems in healthcare, recruitment, and beyond. .However, the question remains: can this ambitious regulatory framework keep pace with the rapid technological advancements in AI? As AI technologies like deep learning, large language models, and general-purpose AI continue to evolve, even academic researchers find it difficult to track the latest developments​ . With AI systems capable of self-improvement and the emergence of increasingly sophisticated models, ensuring that regulations remain relevant and enforceable will be a complex challenge. For the AI Act to be truly effective, a dynamic approach to regulation will be required. This may involve real-time monitoring, adaptive compliance measures, and regular updates to the framework to reflect ongoing innovations. Collaboration between the public sector, private companies, and the academic community will also be essential to bridge the gap between regulation and the cutting-edge advancements in AI​ At Zeus Consulting, we are closely following these developments and are ready to help organizations navigate this evolving regulatory landscape. Whether through AI ethics consulting or impact assessments, we ensure that your AI systems not only comply with EU regulations but also align with ethical standards that support long-term success. Interested in learning more about how the AI Act could affect your business? Contact us today to discuss how we can assist in aligning your AI strategy with the latest regulatory requirements.

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TREE Project monitoring meeting

The TREE Project monitoring meeting ended successfully, marking an important step towards achieving our goals. Here is a summary of the main topics discussed and the upcoming activities planned: Best Practices Handbook: AINP will send the final version of the Handbook to partners by 31 October. This document, the result of the collaboration of all partners, will be presented during the multiplier events to be held in November. We have all contributed to the redefinition of the index to ensure a complete and valuable end product. TREE training course: Zeus and AINP will take care of the drafting of the training modules by the end of October, following the AdIM guidelines. The partners will continue to implement the national activities face-to-face, and in the first days of November we will meet again to discuss the results and define together the modalities of implementation of the modules. November Multiplier Event: Planning for the multiplier event, scheduled for November, is in full swing! Each partner is working to organize an in-person event that will involve at least 25 participants. It will be an important opportunity to share our methodologies and the results achieved. Situational scenarios: ZEUS has presented a roadmap for the development of multimedia scenarios, which will be completed by February 2025. Each partner will contribute with the description of three scenarios, which will serve to make our project even more interactive and engaging. Following the monitoring meeting, we prepare to enter the final phase of the project with a clear vision of the objectives to be achieved. With the upcoming submission of the Best Practice Handbook and the November multiplier event planned, partners are ready to continue their work with dedication and a spirit of collaboration.

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