I am no legal counsel but this came up with one of my consulting clients a while back and i have been trying to make actionable sense of it all . So , i thought i'd share. Anyone creating or selling AI solutions in their operations EU zone should at least be in then know with the upcoming act regulations. Here’s the perplexity low down . The EU AI Act and AI Automations: What SMEs Need to Know As we approach the implementation of the EU AI Act in 2024-2025, SMEs using AI automation capabilities need to understand their compliance obligations and opportunities. Risk Assessment for Automations When building AI automations , your solutions will typically fall into these categories: Low-Risk Applications - Basic workflow automations - Data processing pipelines - Simple chatbot integrations - Email automation and classification Potential High-Risk Areas - HR-related automations for recruitment - Customer credit scoring - Healthcare data processing - Public service applications Compliance Requirements Documentation Needs - Technical documentation in simplified SME format - Risk assessment documentation - Performance metrics and monitoring capabilities - Data governance procedures Practical Steps - Implement transparency measures for AI interactions - Ensure human oversight capabilities - Maintain logs of AI system decisions - Regular monitoring of system performance Cost Considerations The implementation costs for automations under the AI Act are expected to be manageable for SMEs: - Conformity assessment: €3,500-7,500 per high-risk system - Documentation and monitoring: Approximately 17% overhead - Reduced fees for SMEs through proportionate pricing Recommended Actions 1. Use the AI Act Compliance Checker to assess your specific obligations: https://artificialintelligenceact.eu/assessment/eu-ai-act-compliance-checker/ 2. Document your Make.com automation architecture

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The goal of this group is to help you navigate the complex and rapidly evolving world of data science and artificial intelligence. This is your hub to stay up-to-date on the latest trends, learn specialized skills to turn raw data into valuable insights, connect with a community of like-minded individuals, and ultimately, become a Data Alchemist. Together, let's decode the language of data and shape a future where knowledge and community illuminate our way. Rules - Don't sell anything here or use Data Alchemy as any kind of funnel - We delete low effort community posts, and posts with poor English. Proofread your post first. - Help us make the posts high quality. If you see a low quality post, then click on the 3 dots on the post and "Report To Admins". Start by checking out these links - Classroom - Introduction - Roadmap - Contribution Be Aware of Scammers - Please be aware that this is a public group. Unfortunately, some people abuse the Skool platform to send DMs or post comments to trick people. This is the internet, so always do your own due diligence. Never automatically trust someone here on the Skool platform other than @Dave Ebbelaar's official account. To kick things off, please comment below, introducing yourself. Let us know: 1. Your name and where you're from 2. What project(s) you're currently focused on See you in the comments!