For future directives on high-risk AI systems, the European Commission has launched a public consultation which will be open to responses until 18 July 2025.
The impending AI Act will be a comprehensive regulation that clarifies the responsible uses of Artificial Intelligence after the technology has scaled-up economic and business opportunities to automate services, intelligent decisions and enhance fraud protections.
AI can also power smart fraud attacks, blurring the line between having a positive or negative impact on society. European regulators are calling for the industry to provide evidence of high-risk scenarios in which AI can be harnessed and clarify ambiguities surrounding these AI systems.
There are two types of high-risk AI systems distinguished in the AI Regulation, namely when it comes to product safety according to European legislation and the implications to people’s health, safety and fundamental rights.
The input collected from developers, organisations, researchers, regulators, and citizens will be used to draw up future standards and guidelines.
