Artificial Intelligence in Monaco

Artificial Intelligence in Monaco

Laboratory

EU Artificial Intelligence Act - #24

Series “Laboratory”

Leonardo Fabbri's avatar
Leonardo Fabbri
Mar 04, 2025
∙ Paid
European Parliament Adopts the AI Act: Implications for Culture – Culture  Action Europe

Introduction

Welcome back to Laboratory, our deep-dive series where we explore the catalysts shaping tomorrow’s AI landscape. This week, we shift our focus to the European AI Act, a groundbreaking regulatory framework that aims to set global standards for trustworthy and transparent artificial intelligence. Against the backdrop of accelerating AI innovation, the EU’s measured approach stands out: it seeks to safeguard fundamental rights and minimize risks, all while nurturing AI’s enormous transformative potential.

In this exclusive article, we’ll break down:

  • The Act’s Risk-Based Approach: How Europe classifies AI systems by potential harm, from minimal-risk automation to outright bans on the most dangerous applications.

  • Compliance and Enforcement: What it takes for companies to meet these regulations—and the penalties that await those who don’t.

  • Industry Implications: Why the Act matters not only to Europe’s tech giants but also to startups, researchers, and businesses worldwide.

Inspired by the EU’s bold move, we’ll examine why, despite concerns over potential innovation roadblocks, the AI Act could well become a template for ethical governance, setting new standards for safety and accountability in the global AI race.

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