First Analysis of the EU Artifical Intelligence Act: Towards a Global Standard for Trustworthy AI?

Abstract: The EU Artificial Intelligence Act (AI Act) came into force in the European Union (EU) on 1 August 2024. It is a key piece of legislation both for the citizens at the heart of AI technologies and for the industry active in the internal market. The AI Act imposes progressive compliance on organisations - both private and public - involved in the global value chain of AI systems and models marketed and used in the EU. While the Act is unprecedented on an international scale in terms of its horizontal and binding regulatory scope, its global appeal in support of trustworthy AI is one of its major challenges.