The European Union AI Act—Time To Start Preparing

Introduction

Artificial intelligence and, more recently, generative AI will have a transformative impact on economic growth and productivity. That is true, especially for organizations that expect to make durable and lasting changes to their operations using the technology, a recent McKinsey survey shows. To realize the benefits of AI, organizations need the underlying models and their use to be secure, safe, and trusted. Implementing robust data governance, model ri…