AI and Privacy: Navigating the EU's New AI Act & the Impact on US Companies with Flick Fisher
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In this insightful episode, Flick Fisher delves deep into the newly enacted European Union Artificial Intelligence Act (EU AI Act), exploring its comprehensive framework aimed at regulating AI with a human-centric, risk-based approach. Fisher details the categories of AI defined by the Act—Prohibited, High-Risk, and General AI—and highlights the stringent compliance and transparency requirements now faced by global businesses. The conversation emphasizes the significant implications for companies operating internationally, enforcement mechanisms, potential penalties, and the broader geopolitical considerations between the EU, US, and China.
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AI and Privacy: Navigating the EU's New AI Act with Flick Fisher
In this episode of Between Two COOs, host Michael Koenig welcomes back Flick Fisher, an expert on EU privacy law. They dive deep into the newly enacted EU Artificial Intelligence Act and its implications for businesses globally. They discuss compliance challenges, prohibited AI practices, and the potential geopolitical impact of AI regulation. For leaders and operators navigating AI in business, this episode provides crucial insights into managing AI technology within regulatory frameworks.
00:00 Introduction to Fellow and AI Meeting Assistant
01:01 Introduction to Between Two COOs Episode
02:08 What is the EU’s AI Act?
03:42 Prohibited AI Practices in the EU
07:46 Enforcement and Compliance Challenges
12:18 US vs EU: Regulatory Landscape
29:58 Impact on Companies and Consumers
31:55 Future of AI Regulation
Between Two COO's - https://betweentwocoos.com
