fromSilicon Canals
3 days agoEU's new AI Act enforcement begins today and most startups say they aren't ready - Silicon Canals
The initial phase targets what the regulation classifies as "unacceptable risk" AI systems - including social scoring, real-time biometric surveillance in public spaces, and manipulative AI designed to exploit vulnerabilities. Penalties for violations can reach €35 million or 7% of global annual turnover, whichever is higher. For a seed-stage startup, that's not a fine. That's an extinction event.
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