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20 November 2024

AI Act (EU) (Glossary)

Artificial intelligence Digital society Automation Digital transformation Sanjay Sauldie Glossary

The term "AI Act (EU)" is primarily used in the areas of artificial intelligence, digital society and digital transformation. The AI Act (EU) is a European law that establishes rules for the use of artificial intelligence (AI). The EU wants to ensure that AI systems are used safely, transparently and responsibly. The law assesses AI applications according to the level of risk they pose to humans. Systems with a "high risk" must fulfil strict requirements, e.g. in the areas of healthcare or traffic control.

A simple example: an AI programme that pre-sorts applications is covered by the new law. It must function in such a way that there is no discrimination and that the decisions are comprehensible. Companies that develop or use AI systems often have to provide evidence of how they avoid risks. Companies that violate the rules face heavy fines.

For decision-makers, this means that the AI Act (EU) provides clear guidelines so that AI projects can be designed to be secure and trustworthy. This offers companies guidance, but also new obligations - especially when dealing with sensitive applications.

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Find out now what the AI Act (EU) means for companies! Use AI safely, transparently and in compliance with the law - find out here.

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Sanjay Sauldie

Sanjay Sauldie is a digital strategist, speaker and developer of the transruption toolkit, which companies can use to make their digital transformation measurable, human and sustainable. With kiROI - the AI-based approach to value creation in the digital age - he helps self-employed people and companies to integrate artificial intelligence into their processes in a practical way. With his outstanding marketing strategy iROI, he has already led countless companies to greater visibility and thus more profits. He combines digital innovation with disruptive thinking models for a sustainable business strategy. He studied mathematics and computer science at the University of Cologne, completed a Master of Science in Digital Disruption at the University of Salford (UK) and a Design Thinking programme at MIT/EMERITUS Singapore. As a multiple award-winning expert - including the Golden Web Award and the Innovation Award of the Initiative Mittelstand - he advises SMEs and corporations. His motto: "Digitalisation is not an end in itself - it must serve people."

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