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2024-07-31
Eduardo Magrani talks about the approval of the AI Act by the European Union

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The AI Act (Artificial Intelligence Act), passed in March 2024, is European Union legislation designed to regulate the use of artificial intelligence systems, setting strict standards to ensure transparency, safety and accountability, mitigate the risks associated with AI, protect citizens and promote ethical innovation.

This legislation categorises AI systems into risk levels, with high-risk applications in critical areas requiring thorough assessment and compliance. What are the steps towards this compliance? Why is it crucial for companies to adapt quickly?

Eduardo Magrani, Senior Of Counsel in the TMT Department at CCA Law Firm, in an article for Rede, talks about the importance of the introduction of the AI Act and its implementation by companies whose systems are used within the EU: ‘Companies that implement the AI Act not only avoid penalties, but also position themselves as leaders in ethics and technological innovation. This can result in a significant competitive advantage, attracting investors and customers who value corporate responsibility,’ says the CCA Of Counsel.