[45-47] On August 1, 2024, the European Union’s Artificial Intelligence Act (AI Act) came into effect. This act is a major step towards regulating AI systems within the EU.
It has two aims: to foster AI development and to mitigate potential risks to citizens’ health, safety, and fundamental rights. A predominant feature of the AI Act is its risk-based classification of AI systems.
“Minimal Risk” systems, such as spam filters and AI-enabled video games, have no new obligations under the AI Act. A...