Artificial Intelligence Act (AI Act)
The AI Act presents companies that use or develop AI technologies with new challenges, but also offers opportunities to position themselves in the market. Companies that already use AI or would like to use AI in the future must adapt to the requirements of the AI Act in order to meet legal and ethical standards and secure their market position.
Companies may have to adapt existing processes and technologies and invest in technical upgrades, audits or external consulting.
By planning ahead in this way, companies can not only minimize risks, but also make better use of the opportunities offered by the European AI market. The AI Act provides a clear framework that promotes innovation and competition if the regulations are complied with from the outset
Agenda:
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- The Artificial Intelligence Act (AI Act)
- What does this mean for companies?
- FIS-ASP and the AI Act
- Conclusion
1. The Artificial Intelligence Act (AI Act)
The Artificial Intelligence Act (AI Act) is a draft law of the European Union that aims to create a comprehensive and uniform regulatory framework for artificial intelligence (AI) for the first time. This is the EU’s response to the increasing importance of AI in various areas of life. Applications such as facial recognition, automated decision-making or AI-supported health diagnostics have enormous potential, but also entail risks such as discrimination, security gaps and opportunities for misuse.
2 What does the AI Act mean for companies?
Risk assessment and classification: Companies must classify their AI systems into risk categories, especially high-risk systems (e.g. AI in lending, healthcare or personnel selection), and take the corresponding security and transparency requirements into account. This applies to both existing systems and planned developments.
Technical and organizational measures: Companies are obliged to implement safety and transparency requirements. These include the monitoring of AI decisions by humans (human supervision), regular testing of the systems and measures to prevent discriminatory or erroneous results. Companies should strive for European standards and certifications in order to build trust and facilitate market launch.
Documentation and proof of conformity: High-risk systems must be extensively documented and regularly checked for compliance with EU regulations. There are severe penalties for non-compliance.
Transparency obligations: If an AI interacts directly with users (e.g. in chatbots or recommendation systems), the company must inform users that it is an AI. This is intended to promote trust and the traceability of decisions.
Plan for legal and ethical aspects: In addition to legal requirements, ethical issues such as fairness, data protection and non-discrimination should be part of the AI strategy. This can help companies to gain a competitive advantage by acting as trustworthy and responsible providers.
Training and awareness-raising: Employees should be trained at an early stage to take regulatory requirements into account in the AI development process. This in turn strengthens internal expertise in dealing with new technologies and regulations.
3. the FIS-ASP and the AI Act
FIS-ASP complies with the requirements of the AI Act and ensures that its own AI practices meet the legal requirements. FIS-ASP expressly refrains from prohibited practices such as social scoring or real-time biometric identification.
To support companies in classifying their AI systems, FIS-ASP recommends the EU AI Act Compliance Checker (EU AI Act Compliance Checker). This helps companies to assess their own use of AI and take appropriate regulatory measures.
By consistently complying with the AI Act requirements, FIS-ASP underlines its commitment to the ethical and transparent use of AI and is always available as a point of contact for its customers on AI topics.
To ensure transparency towards employees, there are not only internal guidelines, but also awareness measures tailored to the FIS-ASP via the KnowBe4 awareness platform.
4. Conclusion
The AI Act is a groundbreaking step by the EU to make the use of AI safer and more transparent. Companies are faced with the task of adapting their systems to the new regulations, which presents both challenges and opportunities. It is crucial to be proactive and take timely measures to ensure compliance. With the support of experts from FIS-ASP, you can not only meet regulatory requirements, but also promote trust and innovation in the field of artificial intelligence.