EU AI Act Passes: How CIOs Can Prepare | In the News
March 13, 2024
The European Union on Wednesday passed its sweeping AI Act, which will establish tough guidelines and penalties for businesses using artificial intelligence.
“This law is the most definitive stab at governing this AI monster,” Nitish Mittal, Partner with Everest Group, tells InformationWeek in an interview. “I believe this is going to have a ‘halo effect’ for other regions. GDPR deals with a very specific point around data privacy. But AI is such a big, broad existential issue for our society and businesses right now, every country is trying to see what they can do to get inspired by this law in some shape or form,” he added.
