Artificial Intelligence Act: The harmonised approach to support SMEs, encourage SME participation in standardisation and promote innovation

Small Business Standards welcomes the European Commission’s Artificial Intelligence (AI) Act to drive forward AI as one of the main pillars for digital transformation.

While SBS generally welcomes a harmonised approach to regulating AI in the EU and recognises the importance of ethical AI for both for EU citizens and businesses, it believes that the proposal, in its current form, is likely to hamper innovation and overburden SMEs.

Find out more about SBS position in our latest press release!