Is it even worth selling to Europeans given the new AI regulations?

Question

For my sins, I am an EdTech founder building an AI grading platform. We're increasingly finding European customers asking for bundles of documentation to prove safety/efficacy of our platform.Looking in to the EU AI Act as a few customers have mentioned it and the burden is collosal. We're a team of 10 and don't have capacity to shift to bureaucracy. Genuinely considering avoiding european sales if this becomes a hard requirement.Anyone have experience navigating the new compliance reqs / know good platforms for compliance automation?

binarymax · Accepted Answer

Can you blame them? To me, an AI grading platform for children seems like it should be regulated.

yaseenhalabi · Answer

its pretty bad from what I've read on https://www.getaicompliant.eu/ . For now I'm going to wait until things are more stable

lordkrandel · Answer

Yes, AI deals with sensitive informations, and no one has an idea what it stores about it or what will be done with it. Heavy regulations here. Barriers to making profit by exploiting people and their data. That's the EU. A frontier of freedom and freedom costs. You can have your business in the non-free US where you are a puppet of your tech bro guys. Leave what you don't understand alone.