EU AI Act - What specific changes will U.S. tech companies need to make to comply

If you are a US based business it will be important to be aware of how the EU AI act cant affect your operations.

Based on the search results, U.S. tech companies will need to make several key changes to comply with the EU AI Act:

1. Risk Assessment and Classification:
Companies must assess their AI systems to determine which risk category they fall under (unacceptable, high-risk, limited risk, or low risk). High-risk AI systems will face the most stringent requirements[2][4].

2. Compliance Infrastructure:
For high-risk AI systems, companies need to implement:
- Risk management systems
- Data governance practices
- Technical documentation
- Record-keeping
- Transparency measures
- Human oversight
- Accuracy, robustness, and cybersecurity standards[2][4]

3. Transparency Requirements:
Companies must inform users when they are interacting with AI systems, especially for systems like chatbots[3].

4. Data Quality and Management:
Ensure high-quality datasets are used for developing AI systems, with robust privacy standards[2].

5. Registration and Documentation:
High-risk AI systems must be registered in an EU database and have comprehensive documentation demonstrating adherence to the AI Act[1].

6. Governance and Accountability:
Establish appropriate accountability and governance frameworks for AI systems[2].

7. Ongoing Monitoring and Adaptation:
Continuously monitor AI systems and adapt processes to keep pace with evolving regulations[1].

8. Training and Awareness:
Train AI users and ensure transparency in AI operations throughout the organization[2].

9. Cross-functional Collaboration:
Involve various levels of the organization, from board members to compliance professionals, in implementing AI governance[2].

10. Legal and Expert Consultation:
Consult with legal and tech experts to navigate the complex compliance processes[2].

11. Alignment with GDPR:
Ensure AI systems comply not only with the AI Act but also with existing data protection regulations like GDPR[3].

These changes will require significant investment in compliance infrastructure, risk management, and potentially redesigning products to meet EU standards. Companies will need to reassess their AI strategies and adapt their operations to the new regulatory landscape[1][2][4].

Citations:
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