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Regulating AI: The Urgent Need for Responsible Oversight and Collaboration

The Product Coalition

Similarly, the EU AI Act , which commenced in 2021, went through multiple stages of drafting, enhancement, and finalization, with the regulation set to become effective in 2025. The alarming risks associated with AI necessitate immediate action rather than inaction.

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Digital transformation is more than AI: you still need a customer-focused strategy

Modus Create

However, some enterprises in high-integrity industries like pharma and finance will invest in their own private AI models to prevent instances like leaking enterprise secrets via ChatGPT. Gartner predicts that by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains , a 3x increase from 2021.