The European Union Lays Down Rules
for Artifical Intelligence
Timeline after adoption
6 months
A ban on unacceptably risky AI comes into effect.
12 months
Rules for general-purpose AI models like ChatGPT take effect.
24 months
The majority of the act begins to apply, addressing many of the high-risk AI uses.
36 months
Obligations extended to more high-risk AI uses.
€35m
or
7%
of global revenue
€15m
or
3%
of global revenue
€7.5m
or
1%
of global revenue