The AI Act and Regulatory Compliance
The new AI Act is expected to enter into force within the EU in 2024. The act consists of different sets of rules and obligations that will be imposed depending on the level of risk that the AI system possesses. For example, suppliers of high-risk AI systems will have to comply with several requirements for the AI system to be allowed on the market. The requirements will include risk management systems, obligations regarding data usage, transparency, cybersecurity, and more. AI systems with unacceptable risk will be prohibited once the act enters into force. In addition, the AI Act will contain regulations regarding generative AI. In non-compliance with the AI Act, companies could face high fines. Thus, companies using, developing, or supplying AI systems should be aware of the strict requirements that will apply once the new regulation enters into force.
Read more about the AI act here.
Intellectual Property Rights
The development of AI raises several issues regarding intellectual property rights, especially regarding generative AI. It includes questions such as intellectual property rights to AI systems, ownership to AI-generated material, use of intellectual property-protected material to train AI systems, etc. Magnusson has comprehensive experience in intellectual property law, we assist our clients in handling intellectual property issues that the use of artificial intelligence gives rise to.
Data protection and personal data
AI systems typically require handling a large amount of data to train the models. This means that several new EU legislations become relevant. In addition, training data includes personal data in many cases, due to which companies need to consider the GDPR. Magnusson offers advice on issues related to handling training data and personal data.
