Summary of article from DataGuidance, by Michael Borrelli:
The EU AI Act aims to regulate AI systems within the EU, categorizing them by risk levels and imposing stringent requirements on high-risk systems, particularly in healthcare. This legislation emphasizes transparency, accountability, and ethical considerations to ensure AI technologies are safe and trustworthy. High-risk AI systems in healthcare must meet rigorous standards for risk management, data quality, transparency, human oversight, and post-market monitoring. While compliance presents challenges, the Act fosters innovation and aims to improve healthcare outcomes and patient safety. Overall, the EU AI Act is pivotal in shaping the ethical deployment of AI in healthcare.