The EU AI Act aims to protect individuals' rights and ensure safe AI use, setting a risk-based framework for regulation.
The act defines AI broadly to be future-proof, with specific categories for varying levels of risk: Unacceptable, High, Low, and Minimal Risk.
Generative AI like ChatGPT is carefully regulated in the act, aligning with the existing General Data Protection Regulation (GDPR) to safeguard privacy and data.