In terms of governance, what happens two years after the entry into force of the EU AI Act?

Prepare for the IAPP AI Governance Test with our study tools, including flashcards and multiple-choice questions. Each question comes with helpful hints and explanations to boost your readiness.

The correct answer is that the Act becomes fully enforceable two years after its entry into force. This timeframe is established to give organizations and entities ample opportunity to understand and comply with the regulations set forth in the EU AI Act. During this two-year period, stakeholders, including businesses and AI developers, must adapt their practices, implement necessary changes, and ensure compliance with the Act's requirements. This gradual implementation approach is vital for promoting a responsible and ethical development of AI technologies while considering the legal frameworks necessary to govern them effectively.

The other options do not accurately reflect the provisions of the EU AI Act. Deregulating all AI systems contradicts the purpose of the Act, which seeks to establish a comprehensive regulatory framework. Introducing new technologies is not a direct consequence of the Act's timeline; rather, the focus is on ensuring that existing and new technologies align with regulatory standards. Similarly, the option regarding funding all AI research does not align with the legislative goals of the EU AI Act, which is primarily concerned with governance and regulation rather than directly funding research initiatives.

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