The future of AI in GRC holds immense promise, but it also requires navigating tricky waters. Collaboration between tech developers, regulatory bodies, and industry leaders will be essential to creating a balanced and effective artificial GRC ecosystem.

The EU's AI Act is a landmark regulation setting a new global standard for AI development and use. It compels businesses to rigorously assess risks, comply with stringent requirements, establish robust governance, understand potential liabilities, innovate responsibly, manage data effectively, train and raise awareness, and continuously monitor AI systems.