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24 January, 2023
Category
Ethics

The EU AI Act’s Risk-Based Approach: High-Risk Systems and What They Mean for Users

The mass adoption of AI is ubiquitous across sectors. While this can have many benefits, the use of these systems can pose novel risks if gone unchecked.

Business Category
Public Services
Source
https://www.holisticai.com/papers/the-eu-ai-acts-risk-based-approach-high-risk-systems

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The EU AI Act’s Risk-Based Approach

The mass adoption of AI is ubiquitous across sectors. While this can have many benefits, the use of these systems can pose novel risks if gone unchecked. As such, governments around the world are starting to propose legislation to manage these risks.

Leading these efforts is the European Union (EU) with the EU AI Act. Predicted to become the global standard for AI regulation, the EU AI Act sets out a risk-based approach, where the obligations for a system are proportionate to the level of risk that it poses. The Act outlines four levels of risk:

  • Low-risk systems.
  • Limited or minimal risk systems.
  • High-risk systems - systems that can have a significant impact on the life chances of a user. There are eight types of systems that fall into this category. These systems are subject to stringent obligations and must undergo conformity assessments before being put on the EU market.
  • Systems with unacceptable risk - these systems are not permitted to be sold on the EU market.

Download our whitepaper below to find out more about the high-risk systems outlined by the EU AI Act and what they mean for users.

Download our white paper, The EU AI Act’s Risk-Based Approach: High-Risk Systems and What They Mean for Users

Visit Holistic AI for more on the EU AI Act

Edited by
n00bu9wf
Published on
24.01.2023
Source
https://www.holisticai.com/papers/the-eu-ai-acts-risk-based-approach-high-risk-systems