Undoubtedly, Artificial Intelligence (AI) technologies have brought a tremendous change in many
processes regarding everyday life. Several tasks have been automated or are assisted by advanced
algorithms. Due to the wide adoption of AI-enabled algorithms and the importance of the risk at stake related to safeguarding of data, as well as prioritizing, human rights, the European Commission has proposed an Act, the first of its kind globally, to establish a legal operational framework for all the AI deployments with critical impact.
This legislative initiative is certainly a step forwards towards the right direction, yet some significant concerns are still present. With this report, we aim to contribute to the public discussion and highlight the positive elements of the AI Act. It is of the outmost importance for the European market, its organizations and above all its citizens, to address these issues at an early stage. To that end, EIT AI Community aims to point out some improvements, aiding in the process to ameliorate this pioneering regulatory effort and the future deployment of AI.
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