What is a requirement for providers under the EU AI Act for high-risk usage?

A requirement for providers under the EU AI Act for high-risk usage is to implement a risk management system. This requirement stems from the Act's focus on ensuring that AI systems do not pose significant risks to health, safety, or fundamental rights. A risk management system systematically identifies, assesses, and mitigates risks associated with the development and deployment of high-risk AI systems. It involves ongoing monitoring and adaptations to address potential issues continually, ensuring compliance with established safety and ethical standards.

The emphasis on risk management reflects the EU's aim to foster trust in AI technologies by balancing innovation with the protection of citizens' rights. Implementation of such a system aids in proactive risk assessment and management, helping to minimize potential harms that could arise from AI applications that are deemed high-risk.