EU AI ACT, DATA REGULATION

Speakers: • Petros Fragkiskos, Partner, Drakopoulos Law Firm • Sofia Argiti, Data & AI Solution Specialist, IBM • Spiros Tassis, Partner, Potamitis Vecris • Yannis Krasonikolakis, Director, Head of Applied Intelligence and Predictive Analytics, Grant Thornton • Michalis Alexiou, Head of IT & Information Security, TÜV NORD Hellas • Moderator: Dr. Antonios Karampatzos, Professor at the Law School of the National Kapodistrian University of Athens

#EUAIAct #AIRegulation #AICompliance #DataGovernance #AILaw #TrustworthyAI

This comprehensive legal panel deconstructs the EU AI Act, framing it not as a bureaucratic hurdle but as a framework for industrialization and competitive advantage. Experts explore the transition from theoretical ethics to tangible liability, covering risk assessment, certification, and the fundamental philosophical differences between US (industry protection), EU (rights protection), and Chinese (national security) regulatory approaches.

Key Highlights: ✅ The Compliance Roadmap: Organizations must follow a strict path: (1) Inventory all AI systems, (2) Risk Classification (Prohibited, High Risk, Low Risk), (3) Role Definition (Provider vs. Deployer), and (4) Create Governance Bodies. ✅ Risk Management in Agentic Era: IBM introduces dynamic risks with Agentic AI—unlike traditional GenAI, agents introduce risks of “redundant actions” and “sharing sensitive info between tools” without human oversight, requiring new frameworks. ✅ Product Liability Shift: The EU has effectively updated the “Product Liability Directive” to cover AI, meaning AI is now treated as a product with direct liability for defects—this shifts accountability from theoretical to concrete. ✅ Certification as Bridge: Certification bodies translate abstract regulation into practical application. Standards like ISO 42001 become operational manuals for compliance implementation. ✅ Compliance as Competitive Moat: Market leaders use AI Act compliance for talent acquisition—top talent prefers working in organizations with ethical, governed AI structures. The “Trustworthy AI” stamp will become a premium differentiator.
💬 Why Watch? Essential for legal teams, compliance officers, and business leaders operating in or with Europe. This panel transforms regulatory confusion into strategic clarity, explaining how to navigate the EU AI Act while using it as competitive advantage. Learn the practical steps for compliance, understand the philosophical foundations of different global regulatory approaches, and discover why ethics is becoming a market differentiator.

📌 Notable Insights:

The Paradox of Fines: While companies initiate compliance out of fear, market leaders use it for talent acquisition and brand differentiation.

US vs. EU vs. China: The US protects industry (soft law), the EU protects fundamental rights (hard law), China protects national defense. Global companies must navigate three distinct philosophies simultaneously.

Data debate: While all agree AI needs massive data, strong pushback against the US/Big Tech approach of scraping everything—Europe must not lower standards to catch up.

Fear of uncertainty is a key reason AI projects fail—regulatory clarity actually accelerates innovation by providing guardrails.

About the GenAI Summit:

Over 5,000 GenAI builders, technology executives, and political and business leaders convened on November 24 at the Stavros Niarchos Foundation Cultural Center for the 4th GenAI Summit, organized by 100mentors. Under the theme “From Chatbots to Agents,” the Summit captured the evolution of GenAI: from simple Q&A systems to autonomous platforms that plan and execute complex tasks. European product “premieres” and participation from leading international companies cemented the GenAI Summit’s position as Southeast Europe’s most influential artificial intelligence conference. Founded in 2023, GenAI Summit has established itself as Southeast Europe’s most influential AI event. It convenes researchers, entrepreneurs, and government leaders shaping GenAI’s future, connecting scientific research with practical implementation across enterprises and organizations. For more information: genaisummitseeurope.com

#EUAIAct #AIRegulation #AICompliance #DataGovernance #AILaw #TrustworthyAI #GenAISummit #Innovation #Technology #ArtificialIntelligence