EU-AI-ACT
A milestone for the responsible use of AI
On August 1, 2024, the EU-wide Artificial Intelligence Act (AI Act) was officially introduced. This law is the first of its kind worldwide and establishes clear regulations for the use of artificial intelligence (AI). Its goal is to promote innovation while setting ethical and secure standards for AI usage.
A risk-based approach
The AI Act follows an approach in which AI applications are classified based on their risk level. High-risk systems, such as AI in medicine or law enforcement, are subject to strict requirements. At the same time, low-risk systems should continue to enable innovation without excessive regulation.
Why the EU AI Act is important
With this law, the EU aims to achieve two things:
- Building trust in AI: Consumers and businesses should be confident that AI systems operate fairly and transparently.
- Creating legal certainty: Companies know exactly which rules apply to their AI products, making investments and innovations easier.
A strong competitive advantage
State Secretary for Digitalization Claudia Plakolm emphasized the importance of the AI Act for Europe and Austria:
Digitalization and artificial intelligence are a huge opportunity for Austria as a business location, but also for every individual Austrian.
With clear standards, the EU positions itself as an international leader in the responsible use of AI. The law not only ensures security but also strengthens the competitiveness of European companies in the global market.
Read more on the website of the Federal Chancellery. and on AI-ACT Insights
A strong signal for the future
The AI Act demonstrates that innovation and ethics can go hand in hand. Through this regulation, Europe is setting a precedent for the safe and responsible use of AI—a foundation for sustainable growth and trust in new technologies.
Therefore pAIper.one - the comprehensive software and support for the EU-AI-ACT
With pAIper.one, we offer specialized digital software products to ensure compliance with legal requirements (AI-ACT) in the field of artificial intelligence. Our software solutions AI-ACT Governance Platform, AI-ACT Compliance Assistant and AI-Education Community help companies navigate the AI-ACT regulatory framework securely. In addition to our digital products, we collaborate with our partners and legal experts to provide topic-specific workshops and training sessions. These are exclusively available through the AI Education Community .
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