Under the new AI literacy obligations, providers and deployers will be required to ensure a sufficient level of AI literacy for their staff and other persons working with AI systems.
About European Union AI Act
- Genesis: The AI Act is the first-ever legal framework on AI, which entered into force in 2024 (will be fully implemented by 2026).
- Approach: The act takes a risk-based approach to regulation, applying different rules to AI according to the risk they pose.
- Prohibitions: The Act list AI prohibited practices (see image), emphasising the importance of ethics, safety and transparency.
Impact of the AI Act
- Global Impacts:
- Human-centric focus: The Act safeguards fundamental rights, prevents discrimination, and promotes ethical AI, fostering global trust and responsible AI adoption.
- Global Benchmark for AI Regulation: Other countries may adopt similar frameworks, aligning their regulations with the EU's standards.
- Increased Compliance Costs: Non-EU companies may face additional costs to adapt their AI systems to comply with the Act.
- Impact on India:
- Risk-based regulation: India’s AI policy could benefit from a risk-based approach, categorising AI applications by their potential societal impact.
- Global alignment: Aligning India’s AI regulations with international standards can enhance global cooperation and help Indian companies stay competitive internationally.
