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.