Businesses that fail to deploy AI ethically will face severe penalties as regulations catch up with the pace of innovations.

In the EU, the proposed AI Act features similar enforcement to GDPR but with even heftier fines of €30 million or six percent of annual turnover. Other countries are implementing variations, including China and a growing number of US states.

Pandata are experts in human-centred, explainable, and trustworthy AI. The Cleveland-based outfit...