As the market is experiencing exponential digital intelligence advancements with AI systems becoming more complex, the European Union seeks to promote an unprecedented legislative framework that will provide a solid legal basis and a coordinated European approach for designing and developing trustworthy human-centered AI systems.
On the 21st of April 2021, the European Commission published the long-awaited regulation proposal, known as the AI Act, governing the use of AI systems regarding their level of risk (prohibited uses, high-risk, limited-risk, and low risk). The proposal establishes horizontal proportional requirements that will ensure the proper development of trustworthy AI systems.