Keep pace with Traze

An overview of AI governance, its importance in fostering ethical AI use, and the principles and policies needed to ensure responsible and effective AI deployment. 

ISO 42001 is a critical tool for businesses looking to manage AI responsibly and efficiently. By adopting this international standard, companies can ensure their AI systems are compliant with the EU AI Act, secure, transparent, and ethical.

To achieve EU AI Act compliance by 2025, businesses must categorize AI risks, ensure transparency, implement human oversight, enhance system robustness, and maintain ongoing monitoring, with expert guidance and structured compliance processes ensuring legal and strategic benefits.

The EU AI Act enforces phased compliance, banning harmful AI in 2025, regulating general-purpose AI in 2026, and classifying high-risk systems by 2027, with strict penalties for violations. 

The EU AI Act classifies AI systems into four risk categories—minimal, limited, high, and unacceptable—mandating businesses to comply with tailored requirements to ensure safety, transparency, and respect for fundamental rights.

AI presents societal, ethical, and economic risks like bias, privacy violations, job displacement, and security threats, but these can be mitigated through ethical guidelines, regulations, and tools like Traze’s AI governance platform.

Microsoft has integrated Copilot AI into WhatsApp, offering free, unlimited use for tasks like text-based image generation and seamless chats, though some features like audio transcription remain unavailable.