EU AI Act: Is your organization ready?
On July 4, the European Commission made its position clear regarding the AI Act: there will be no delays, no grace periods, and no exceptions.
Despite lobbying efforts from over 100 tech firms, including Google and Meta, the EU is proceeding with enforcement.
The first wave began in February 2025, targeting unlawful AI practices and mandating AI literacy for providers.
What’s next?
• August 2025 – General-purpose AI models (including open-source and API-based systems) must meet regulatory requirements.
• August 2026 – High-risk AI applications in sectors such as healthcare, finance, education, and law enforcement must comply.
This legislation marks a shift in AI governance. It introduces binding obligations not just on AI use, but on leadership accountability, documentation, and oversight.
As AI becomes an operational risk, many firms still lack:
• Audit trails
• Governance structures
• Legal accountability
• Data transparency