Jurisdiction(s):
Ireland

Ireland urged to lead EU AI Act implementation and enforcement, with central oversight and worker safeguards, as consultancies highlight global ripple effects and compliance demands for tech multinationals

Published on: 17 May 2024

Published by an LexisNexis Ireland - Commercial expert

Legal News

Article summary

On 15 May 2024, other consulting firms issued almost identical appeals for unambiguous AI regulation to a parliamentary committee for Ireland’s enterprise and employment ministry. As the European base for many of the biggest technology companies, Ireland will apply the EU AI Act to them, with the exception of general‑purpose AI, which will be supervised directly by the AI Office under the European Commission. The consultants argued this should serve as a national advantage.

EU AI Act ripple effect

The EU AI Act is anticipated to take effect by mid‑July 2024; however, the law leaves a large share of compliance assessment to companies themselves. There is ongoing debate about whether the Act will prove influential beyond the bloc, as the General Data Protection Regulation (GDPR) did before. Although many do not expect the same level of sway, Hilary O’Meara, managing director for Accenture in Ireland, said the consultancy is already witnessing an impact. O’Meara noted that some companies are already putting all the Act’s principles into practice, aiming to be prepared ahead of it taking effect. In her words, the EU AI Act is genuinely creating a ripple effect globally...

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