Today's guest is Brian McElligott, Partner and Head of AI at Mason Hayes & Curran LLP. In this discussion, Mark and Brian talk about the EU AI Act and its implications for businesses and the market.
Topics include:
- How the AI Act prioritizes product safety by categorising risk regulation
- How regulatory sandboxes offer potential but are resource-intensive
- Why law requires AI literacy for staff, varying by use case.
- Imposing obligations on both AI creators and users, especially for high-risk products
- How AI law is rapidly evolving with shifting regulations
- Key dates and deadlines for the EU AI Act's regulations
- How some US clients view EU compliance as a market advantage
- Change control is key as firms adapt standards for compliance
AI Ireland with Mark Kelly