- Apr 29, 2022
- 46 minutes
- Andreas Blum
- Prisca C. Quadroni
- David Haber
Considering the far-reaching impact of #AI including potential negative consequences of flawed AI systems, lawmakers across the globe are currently working on regulating its use.
Most noteworthy is the so-called *“Artificial Intelligence Act”*, a proposal by the European Commission to lay down harmonized rules on the use of AI.
The new #European regulation will not only change the way how AI is developed in the European Union but also *has profound implications for businesses in #Switzerland*.
Failing to adhere to #legal obligations laid out in the regulation will lead to heavy fines, *amounting to up to 6% of global company turnover or EUR 30m* – making them even heftier than the ones imposed by the GDPR.
As the regulation might come into force as early as 2023, companies should start their preparations now!
Join our experts in our panel discussion to get their judgment on the contents of the upcoming regulation, get to know best practices to prepare your organization for it, and have your questions answered during the Q&A.