All you need to know about the latest EU and US AI compliance laws and how it impacts you:

Highlights: - [00:00:00] 🎙️ Introduction and Overview

- Introduction to the episode's focus on AI regulations in the EU and US,

- Invitation to join the beta release of Open Build AI chatbot.

- [00:00:40] 🇪🇺 EU AI Act

- Effective date and impact of the EU AI Act,

- Risk-based classification of AI systems into unacceptable risk, high risk, and low risk,

- Creation and role of the European Artificial Intelligence Board (EAIB),

- Potential global influence of the EU AI Act.

- [00:02:55] 🇺🇸 US AI Compliance

- Fragmentation in US AI regulations across different federal agencies (FTC, FDA, NHTSA),

- Lack of overarching federal standards for AI ethics and transparency,

- Varying state regulations on privacy and data protection.

- [00:04:58] 🌐 Importance for Businesses

- Importance of understanding both EU and US regulations for global operations,

- Emphasis on ethical considerations in AI use,

- Business impact including legal compliance, fines, and building consumer trust.

- [00:05:51] 📝 Conclusion

- Recap of the importance of knowing key AI regulation provisions in both regions

🔗 Links & Resources: https://www.jdsupra.com/legalnews/the-eu-ai-act-enters-into-force-9172737/ https://www.jdsupra.com/legalnews/artificial-intelligence-briefing-white-8318611/ https://www.openbuild.ai https://chat.openai.com 🎙️ Listen on your favorite platform: Spotify: https://open.spotify.com/show/0qVmfyRWS5IiR9yaLisnq4?si=bc2d899bed8a4a8c YouTube: https://youtube.com/playlist?list=PLNRR1S9rmw1KfIQhxokp9xm05ZAWUo7ar&si=zDhbhLvQkjFvtJHJ Google Podcast: Apple: https://podcasts.apple.com/us/podcast/life-with-ai-unlocking-your-third-brain/id1713244508 Don't forget to LIKE, SHARE, and SUBSCRIBE for more episodes on unlocking the potential of AI in our everyday lives! #artificialintelligence #chatgpt #Gemini #Sora #soraopenai #openai #marketing #podcast #ai #generativeai