However, there are strict regulations around how data can be used, particularly within the EU.
Rely on cloud services in your tech stack?
That means the rules probably affect you too.
Observing these regulations is not straightforward, though.
So its essential all AI businesses, anywhere in the world, follow the situation closely.
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That was governed, for a time, by the EU-US Privacy Shield framework agreed between the two powers.
This leaves companies in a bind.
But how do you do that?
Help is at hand eventually
Fortunately, businesses may not be stuck in this legal quagmire forever.
What data sources do you use?
What cloud services do you rely upon?
Where are all of your customers based?
Looming AI legislation
The proposed regulation would adopt a risk-based approach.
These could include human oversight measures to provide transparency, risk assessment protocols and detailed compliance procedures.
Flouting them would incur substantial fines.
