AI Act Reality Check: Hello, it’s Already Happening

AI Summary

EY experts in Hungary warn that parts of the EU's AI Act are already in effect, contrary to many executives' assumptions that they have time to prepare. This highlights the immediate impact of AI regulations on businesses.

For many executives in Hungary, the EU’s AI Act still feels distant, a regulation they have ample time to prepare for. According to EY experts, that assumption couldn’t be more wrong: certain rules are already in force.