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 new eu regime impact


How will the new EU regime impact the UK AI sector?

#artificialintelligence

John Buyers, partner and head of Artificial Intelligence at Osborne Clarke shared his views with Business Leader regarding the future of AI in the UK. The EU Commission is proposing a whole new regulatory framework and infrastructure for developers and providers of Artificial Intelligence (AI) systems. This includes conformity assessments, labelling obligations, a new EU-level body, new national enforcement roles and another batch of extremely heavy penalties for non-compliance, potentially even higher than GDPR fines in some areas. This legislation will have a global impact on the AI sector since it will create new regulatory barriers for supplying or developing AI systems for EU customers. This new proposal follows the Data Governance Act published at the end of 2020 which similarly envisages a new regulatory framework for the EU data ecosystem.