The EU AI Act Simplified: What Tech Leaders Need to Know


Timeline

  • 2024: Prohibited AI bans (e.g., social scoring).
  • 2025: High-risk rules (healthcare, finance).
  • 2027: Full enforcement.

4 Risk Categories

Risk TierExamplesRequirements
ProhibitedSocial scoringTotal ban
High-riskMedical diagnosticsConformity assessments
LimitedChatbotsTransparency notices
MinimalSpam filtersNo obligations

Penalties

  • Up to €30M or 6% global revenue for violations.

Need Help?:
Book a 30-minute Compliance Consultation – Click here

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