The AI Act: Business Transparency and Artificial Intelligence Usage

Wednesday, 4 September 2024, 07:02

Artificial intelligence is increasingly adopted in business; however, a recent survey shows that a third of businesses using AI do not inform their customers and employees. The AI Act introduces mandatory guardrails for high-risk AI tools, aiming to address this transparency gap. This raises significant privacy concerns and impacts customer trust in business practices.
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The AI Act: Business Transparency and Artificial Intelligence Usage

The AI Act and Business Ethics

The AI Act proposes regulations mandating businesses to disclose their use of artificial intelligence to customers and employees. With a growing number of companies integrating AI into their services, the potential for misuse without transparency is high, raising ethical questions.

Survey Insights on AI Adoption

  • One-third of businesses reported using AI without informing stakeholders.
  • This non-disclosure trend poses risks to privacy and consumer trust.
  • Mandatory disclosures are critical to align AI usage with ethical standards.

Implications for the Future

As artificial intelligence continues to shape the business landscape, compliance with the AI Act will be crucial. Companies must adapt to ensure they prioritize privacy while harnessing the benefits of AI.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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