- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Neil Hodge2023-12-20T16:00:00
As the European Union’s AI Act sets its sights on 2026 to take full effect, experts are concerned other key jurisdictions—including the United States, United Kingdom, Canada, and China—might introduce divergent legislation that treats artificial intelligence use differently, thus making it difficult for companies to ensure compliance.
This is an especially daunting prospect, said Alastair Paterson, chief executive officer of AI tech firm Harmonic Security, considering the current AI regulation landscape of “nice words but zero penalties” is “set to change—and fast.”
The AI Act’s main thrust is to regulate AI based on the technology’s capacity to cause harm. It follows a “risk-based” approach—the higher the risk, the stricter the rules.
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The European Union’s AI Act follows a risk-based approach: the higher the risk the artificial intelligence poses, the stricter the rules. Understanding each category is key to compliance.
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