Source: Mishcon de Reya

This article from Mishcon de Reya explains the European Union’s General-Purpose Artificial Intelligence Code of Practice, outlining its key provisions and what it means for AI developers and users. The code is voluntary but offers benefits such as reduced regulatory scrutiny for early adopters. It focuses on transparency in AI model training, addressing security risks, and ensuring copyright compliance.

The article discusses the challenges businesses face in meeting these standards and the opportunities for shaping AI governance proactively. It highlights the importance of stakeholder engagement in developing the code and preparing for the AI Act’s enforcement. The piece also warns of legal risks associated with non-compliance and anticipates future regulatory developments and industry standards.