Welcome to episode E152 of the AI Ireland podcast, the show that explores the applications and research of Data Science, Machine Learning and Artificial Intelligence on the island of Ireland.
Our mission is to increase the use of AI for the benefit of our society, our competitiveness and everyone living in Ireland.
Today’s guest is Brian McElligott, Partner and Head of AI at Mason Hayes & Curran LLP. In this discussion, Mark and Brian talk about the EU AI Act and its implications for businesses and the market.
The session aims to provide practical insights rather than a detailed legal analysis. The EU AI Act, which was finalised recently, will come into effect on August 1st and aims to regulate AI systems similarly to how product safety laws work in the EU, focusing on market surveillance and CE marks rather than fundamental rights.
Brian highlights the Act’s categorisation of AI systems into four risk categories: banned, high-risk, limited risk and low risk. The Act targets AI systems rather than general-purpose AI models, emphasizing pre-market and post-market regulatory regimes, especially for high-risk (regulated) AI. He notes that while detailed compliance guidelines are lacking, companies need to prepare for the upcoming standards expected within nine months.
The conversation also touches on the global regulatory landscape, with the U.S. also moving towards AI regulations. He emphasises the importance of companies having AI policies to manage the use of AI tools like ChatGPT, especially given the prevalent use of AI in day-to-day operations. Training for AI literacy is mandated by February 2nd next year, though the specifics of this training vary by organisation.
Brian points out the complexities and rapid developments in AI regulation, including ongoing legal cases and data privacy issues. He notes recent decisions like the Hamburg data protection commissioner’s statement on AI models not containing personal data without processing, which helps clarify compliance requirements.
Key dates for the EU AI Act include:
- August 1, 2023: Act comes into force.
- February 2, 2025: Prohibitions in Article 5 become applicable.
- May 2, 2025: Codes of practice for model providers due.
- August 2, 2025: AI systems provided before this date have until 2027 to comply.
Overall, this podcast underscores the need for businesses to stay informed and proactive in complying with AI regulations to avoid penalties and ensure responsible AI use.
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Book an AI EU Act Speaker
Are you ready to dive deep into the transformative world of AI regulation with an expert who can demystify complex topics and bring them to life?
Booking Mark Kelly AI for your next event is your chance to explore the intricate details of the EU AI Act alongside the GDPR, guided by a seasoned expert in digital regulation. Mark’s engaging talks not only clarify these critical frameworks but also illustrate their profound implications for businesses across sectors.
Enhance your organisation’s understanding and preparedness for the changing digital landscape. Invite Mark Kelly AI to speak at your next event and empower your team to lead in compliance, innovation, and ethical practices in the AI-dominated future.
EU AI Act Online Course
If you’re looking to deepen your knowledge and ensure compliance with these complex frameworks, we have just the solution for you!
Introducing the EU AI Act Online Course, tailored specifically for professionals who want to navigate the intricacies of AI regulation with confidence. This comprehensive course is designed to empower you with the skills and insights needed to master the EU AI Act and integrate its principles into your business practices.
Our course offers a deep dive into the EU AI Act, covering everything from basic definitions to detailed analysis of compliance requirements. With expert-led modules and interactive content, you’ll learn not just the letter of the law, but also how to apply it practically in your sector, whether you’re in healthcare, finance or public administration.
Here’s what you can expect from the course:
- Detailed Overviews: Understand the scope and implications of the AI Act across different industries.
- Risk Management Strategies: Learn how to classify AI systems according to risk levels and implement appropriate safeguards.
- Compliance Techniques: Gain practical skills in achieving and maintaining compliance with both the EU AI Act and GDPR.
- Interactive Scenarios: Engage with real-world scenarios that challenge you to apply what you’ve learned in practical settings.
Enroll today and take the first step towards becoming a leader in ethical AI implementation. Don’t miss this opportunity to enhance your professional capabilities with our EU AI Act Online Course. Join the waiting list today!
Apply for the 2024 AI Awards
Applications are now open to take part in the 2024 AI Awards which takes place at the Mark Hotel on November 26th, 2024.
If you or someone you know is working on exciting projects, products, services and leaders in AI, Data Science and Machine Learning that are making a real impact in the industry, we want to hear from you!
It’s free to enter and there are 13 categories you can apply for across industry, academia and leadership. Head over to www.aiawards.ie to submit an application or please feel free to contact liam@aiawards.ie with any queries about the submission process.
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