The pace of AI regulation is heating up. From the monumental AI Act passed by the EU, countries and states around the world adopting copycat laws, to commitments by the new UK government to better regulate artificial intelligence. Regulators and legislators are racing to ensure they are not left behind by the AI revolution, and can levy ever larger fines on companies who get things wrong.
As companies and industries race to ensure they are AI-ready, the cost of a compliance failure is ticking up. With potential fines that could dwarf GDPR, getting it wrong when rolling out AI technology could be devastating.
In this 1 hour webinar, VinciWorks compliance experts discussed critical upcoming AI regulations in the UK. From fines on compliance failure to possible new protections for workers, the UK has fallen behind on AI regulation recently but looks set to catch up quickly. We also considered the implementation of the EU’s AI Act – the blockbuster regulation which has set a new global standard. And we considered new regulations across the world from key US states like California and AI laws in Brazil. China and the Middle East.
Key points this webinar covered:
- What the UK plans for AI regulation
- How would the UK enhance protections against AI discrimination
- What does the EU’s AI Act work?
- What are the sanctions on businesses under the EU AI Act?
- What businesses need to know when investing in AI
- Other AI laws and regulations around the world
