What is one of the top tips for preparing for the EU AI Act?

Identifying high-risk AI systems within an organization is crucial for preparing for the EU AI Act because the legislation categorizes AI systems based on their risk levels. By recognizing which systems fall into the high-risk category, organizations can prioritize compliance efforts and implement necessary safeguards to mitigate potential risks associated with these systems. This proactive approach not only aids in compliance with the Act but also enhances the organization's overall risk management strategy.

High-risk AI systems may involve critical areas such as healthcare, employment, or law enforcement, where failures could lead to significant harm or discrimination. By focusing on these systems, organizations can ensure they meet the anticipated regulations outlined in the EU AI Act, which aims to establish a framework for the safe and responsible use of AI technologies across the European Union.