EU AI Act – a 6 minute deep dive

Navigating the EU AI Act: A UK SaaS Business Guide provides guidance on the EU AI Act (Regulation (EU) 2024/1689) – the world’s first comprehensive AI regulation.

This podcast cuts through the media narratives, equipping UK SaaS businesses serving the EU market. Key areas covered:

• Scope: Learn how the Act applies to your business, especially if using high-risk AI systems in HR, finance, education, or healthcare, or if AI outputs are used in the EU.
• SME Support: Explore regulatory sandboxes, reduced fees, and simplified documentation designed for small and medium-sized enterprises.
• Timeline: Understand phased compliance, with high-risk systems facing obligations by August 2026, extending to 2027.
• Global Context: A comparative analysis of the EU’s binding rules versus the UK’s principles-based and US’s voluntary approaches.

Non-compliance means fines up to €35M or 7% global turnover. Early compliance builds trust and offers competitive advantage. Turn regulation into a strategic imperative; begin your roadmap mid-2025.

Note: This podcast was created by the NotebookLM Audio Overview tool based on a research paper created by Tatum Bisley. In this particular episode, the presenters incorrectly reference the current time as mid-2024. This is incorrect and should be replaced by mid-2025. (AI is great – but not perfect)