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The AI Act: A compass for approaching legislation with innovative and disruptive effects

Rocco Panetta and Vincenzo Tiani
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Rocco Panetta: Managing partner at Panetta Law Firm, Chairman and CEO at Panetta Consulting Group, Italy
Vincenzo Tiani: Resident partner, Panetta Law Firm, Belgium

Journal of Data Protection & Privacy, 2024, vol. 6, issue 4, 318-331

Abstract: This paper aims to provide an overview of the EU regulation on artificial intelligence (hereafter the AI Act) by navigating through its main proposals and innovations. A geopolitical framework will be provided with reference to the balance to be struck between innovation and the protection of fundamental rights and the decisions that led to the final version of the AI Act, during the inter-institutional agreement. The overview will include each risk category, including how the regulation dealt with AI for general purposes, which was not considered in the European Commission's first draft published in April 2021. In addition to the risk categories, the governance model and innovation support measures will also be analysed. The paper is addressed to practitioners, academics, policy makers and postgraduate researchers who are approaching the AI Act for the first time.

Keywords: Artificial Intelligence Act; EU regulation; data protection; risk-based approach; high-risk AI; regulatory compliance (search for similar items in EconPapers)
JEL-codes: K2 (search for similar items in EconPapers)
Date: 2024
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