The Centre for European Policy Studies (CEPS) has produced a study on the EU's proposed AI Act and its relationship with other EU legislation. It is a complex web. AI, national security and investment are inter-related topics and are the subject of a seminar co-hosted by law firm Shoosmiths, industry body TechUK and strategic communications firm DRD Partnership, with speakers including Lyric Jain, CEO of Logically and Nabil Lodey, CEO of Envitia.
The EU is the de facto world regulator in many areas and relevant business in the UK will be affected by the AI Act. The Act is in draft form. As currently drafted it applies to providers placing on the EU market or putting into service AI systems in the EU, irrespective of whether those providers are established within the EU or in a third country; and providers and users of AI systems that are located in a third country, where the output produced by the system is used in the EU.
An AI System means software that is developed with one or more techniques and approaches listed in the Act and can, for a given set of human-defined objectives, generate outputs such as content, predictions, recommendations, or decisions influencing the environments they interact with.
In brief, any UK business wanting to sell a product into the EU that includes AI software or sell into the EU a service that uses AI as an output will have to comply with the AI Act.
Disclaimer
This information is for general information purposes only and does not constitute legal advice. It is recommended that specific professional advice is sought before acting on any of the information given. Please contact us for specific advice on your circumstances. © Shoosmiths LLP 2024.