02. Explaining the EU AI Act

Welcome to The Procurement Playbook—your go-to podcast for actionable insights, expert interviews, and real-world strategies in procurement and supply chain management. Whether you’re a seasoned professional or just curious about the field, this podcast has something for everyone. Hosted by procurement expert Deepak Kamboj, The Procurement Playbook delves into the strategies, trends, and innovations that are shaping the future of procurement. In each episode, Deepak brings you thought-provoking discussions, industry best practices, and practical advice that you can apply immediately in your business. In this episode of The Procurement Playbook, we dive into the European Union AI Act— a groundbreaking framework set to redefine how artificial intelligence is developed, deployed, and governed. From banning AI systems deemed a threat to fundamental rights to setting stringent rules for high-risk applications like healthcare diagnostics and biometric identification, the Act is paving the way for a safer, more transparent AI-driven future. We’ll explore: ​The EU’s risk-based approach, categorizing AI into Unacceptable, High, Limited, and Minimal/No Risk. ​Real-world examples of how the Act impacts industries, from medical AI tools to chatbots. ​Transparency obligations for general-purpose AI models and what they mean for developers and businesses. ​Why the EU AI Act is more than legislation—it’s a global call to action for ethical AI innovation. Whether you’re a tech enthusiast, business leader, or procurement professional, this episode is your guide to understanding the Act’s far-reaching implications. Tune in to learn how this landmark regulation is shaping the global AI landscape—and what it means for you. Subscribe now and join the conversation about the future of AI governance. Let’s shape tomorrow, today. YouTube: https://youtube.com/@theprocurementplaybook Instagram: https://www.instagram.com/theprocurementplaybook LinkedIn: https://www.linkedin.com/in/deepakkambojofficial Thanks, Deepak