Hi there, I'm James.

I'm Flick.

And I'm Richard. And we're tech and data specialists from Field Fisher, Silicon Valley.

So this past Friday, the EU's Artificial Intelligence Act, has finally been published in the

official journal of the European Union.

With hundreds of pages of new law to dig into, there's a whole bunch that we've got to unpack here.

So on today's episode of the bite-size legal update, we're asking, what does this mean for business?

And what do businesses using or developing AI need to do now?

So, the inks finally dry and the clock has started ticking.

The EU AI Act will officially enter into force in a matter of weeks,

but that doesn't mean we suddenly need to be fully compliant in a matter of days, does it?

Richard, before we start looking into some of the detail of who this law applies to and what

they need to do, can you maybe just go over what are the timelines here?

Yeah, absolutely. There is no need to panic. The AI Act is law, as you say, but there is a

staged rollout of its provisions. So you don't suddenly need to be

compliant by the end of the month. There is some time. In that respect, let's talk through some of the

most important dates. The first date that people should note in their diaries is 1st of February

2025. So this is six months after the AI Act came into force, and this is when

the prohibited practices provisions take effect. So when the most strictest prohibitions on certain

AI practices come into force. This includes things like social scoring, real-time biometric

identification,

and certain manipulative AI practices. The second date that people should mark in their diaries

...