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  "documentTitle": "2022 Air Street Capital The State of AI Report 2022",
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  "authorName": "Air Street Capital",
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  "notes": "Part of the 'State of AI 2022' report series.",
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      "text": "Current realistic expectations are that the AI Act will become effective in the second-half of 2023.",
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      "text": "In April 2021, the EU tabled a proposal for regulating the placement on the market and use in the EU of AI systems (the “AI Act”). The proposal introduces certain minimum requirements (e.g. mainly information obligations) that all AI systems in use must meet. It also introduces more elaborate requirements (e.g. risk assessments, quality management) with respect to AI systems that pose higher risks to users. The AI Act bans the use of certain types of AI-based techniques (e.g. social scoring, real-time biometric remote identification (subject to exceptions), “subliminal techniques”).",
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      "text": "The AI Act moves through the EU legislative process. The European Parliament has worked over the summer on a compromise text to address tabled amendments and opinions by the Parliament’s various committees. The compromise text is scheduled to go through the various stages of the voting process at the European Parliament by the end of 2022.\nThe AI Act is expected to be voted into law in 2023, either under the Swedish or the Spanish Presidency of the EU.\nCurrent realistic expectations are that the AI Act will become effective in the second-half of 2023.",
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      "text": "Source: Dessislava Fessenko",
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      "text": "The EU advances with its plans to regulate AI",
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