The upcoming AI regulation of the European Union (internationally referred to as the AI Act) will bring about a world first regulation of AI systems among manufacturers and users. The spectrum of reactions in business, politics and the population ranges from "protective shield" to "dead blow" for the future development and use of AI in the EU.

The effects are already predicted to be as serious as those of the GDPR - not least because the AI Act is strongly modelled on the GDPR in its structure and mode of action. Thus, the AI Regulation will also deal with the processing of personal data as a core issue and pursue a risk-based approach. This will require those affected by the regulation to establish appropriate risk management systems that allow for risk and data protecti ...