The EU AI Act Newsletter #57: Bad for Innovation?

EU AI Act's compliance costs and lack of clarity cause concern among tech start-ups ahead of next week's entry into force. Legislative Process It is official! The EU AI Act has been published in the Official Journal of the European Union. It will now enter into force on 1 August. Parliament's possible oversight body: According to Euractiv's Eliza Gkritsi and Théophane Hartmann, the European Parliament is considering establishing a monitoring group for the implementation of the AI Act. MEPs have voiced concerns about the European Commission's approach to key tasks. Brando Benifei, formerly a rapporteur on the Act, announced plans to formalise a parliamentary monitoring group, in which he expects to play a leading role. Benifei warned of potential risks if the Commission fails to implement the Act properly, particularly regarding transparency provisions. Some MEPs have urged the Commission to involve civil society in developing codes of practice [...] ---Outline:(00:16) Legislative Process(02:40) Analyses--- First published: July 22nd, 2024 Source: https://artificialintelligenceact.substack.com/p/the-eu-ai-act-newsletter-57-bad-for --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.

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Up-to-date developments and analyses of the EU AI Act. Narrations of the “EU AI Act Newsletter”, a biweekly newsletter by Risto Uuk and The Future of Life Institute. ABOUT US The Future of Life Institute (FLI) is an independent non-profit working to reduce large-scale, extreme risks from transformative technologies. We also aim for the future development and use of these technologies to be beneficial to all. Our work includes grantmaking, educational outreach, and policy engagement. Our EU transparency register number is 787064543128-10. In Europe, FLI has two key priorities: i) promote the beneficial development of artificial intelligence and ii) regulate lethal autonomous weapons. FLI works closely with leading AI developers to prepare its policy positions, funds research through recurring grant programs and regularly organises global AI conferences. FLI created one of the earliest sets of AI governance principles – the Asilomar AI principles. The Institute, alongside the governments of France and Finland, is also the civil society champion of the recommendations on AI in the UN Secretary General’s Digital Cooperation Roadmap.