A blog article by the Organisation for Economic Co-operation and Development (OECD) highlights the critical role of technical standards in effectively implementing the EU Artificial Intelligence Act (AI Act). While legislative revisions are essential, the OECD emphasises that proper implementation of existing laws is vital to reduce regulatory burdens on EU companies and maintain their global competitiveness.
The OECD argues that technical standards are essential for practical AI compliance, serving as specifications for the legal requirements of high-risk AI systems. Developed by European Standardisation Organisations at the European Commission's request, these standards aim to establish ambitious, sector-wide requirements for AI developers and deployers.
The OECD claims that if these standards are well-crafted, they could serve as a model for innovation-friendly global AI regulation.
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