The EUAIAct - dissecting the detail - Diginomica
The Council's proposed requirements for GPAI developers includeriskmanagement, data governance, transparency, accuracy, and cybersecurity. Concerns …
Governance & Risk Management 3,143
Frameworks, audits and risk management for AI.
Related topics: Regulation & PolicyBanking & FinanceCybersecurityGovernment & Public SectorChatbots & LLMsPrivacy & SurveillanceAI Safety & Existential RiskLegal & Courts
CSET's Must Read Research: A Primer | Center for Security and Emerging Technology
AIHarms and Risks. Our Assessment team studies the development and adoption of AI standards, testing, auditing and harm identification in order to …
US Businesses That Prepare for EUAIAct Will Have an Advantage - Bloomberg Tax
Risks. Arisk-based approach is one of the AIA's key features. Under the proposed framework, certain AI systems will be banned completely within the …
An overview of the European Union'sArtificial Intelligence Act - The Hindu
The objectives of the EUAIAct, the world's first legislation on AI, are to create a regulatory framework for AI technologies, mitigaterisks …
AI and Justice in a Brave New World: Part 3 –AIGovernance - Data Science Central.com
Data Science Central– Use reliable AI techniques to measure the trade-offs, uncertainties, orrisksin the AI models' optimization process. – Use feedback and …
Unsupervised AI acceleration sparks regulator concerns for U.S. financial health | Ctech
"AI can introduce certainrisks, including safety and soundnessriskslike cyber and modelrisks," the Financial Stability Oversight Council wrote …
Poor Oversight Threatens Corporate Sustainability Efforts
Corporate Compliance Insights2024 climate trends include board's role,AI effects and disclosure requirements ; Economy, Inflation Seen as Bigger Business Risks Than Talent, Tech …
Governance & Risk ManagementRegulation & PolicyEnergy & Environment
AWS Study Finds Increasing Focus on ResponsibleAI- eWEEK
Leaders are aware of the financialrisksof not using AI responsibly. Over one-third (35 percent) believe that irresponsible AI use could cost their …
Biden Administration Touts Collaboration in FormingAIGovernance | Health Leaders Media
“They will adhere to ariskmanagement framework for using applications powered by foundation models—one by which they will monitor and address harms …
The Lesson Of OpenAI Is That Governance Matters - Forbes
...AI developers must be concerned with the potentialdangersof AI. The belief that AI could be destructive is extremely common in the AI industry …
AI governance: Five essential design principles to keep businesses ahead of the curve
Beta News... risks of AI ... The UK AI Safety Summit and President Biden's Executive Order were huge first steps in driving alignment on a global AI riskframework …
Governance & Risk ManagementAI Safety & Existential RiskRegulation & Policy
House lawmakers press for transparency in NIST's new AI grant funding - Nextgov/FCW
Nextgov...risksassociated with fledgling AI systems. A Dec. 14 letter from a bipartisan group spearheaded by Ranking Member Zoe Lofgren, D-Calif., and …
How AI can make or break your security - AMD business expert on therisksand rewards of ...
Matthew Unangst on AI security, governance, andriskversus reward …
AI posesriskto financial system, U.S. regulator warns - The Logic
The Financial Stability Oversight Council, which includes the heads of all the major U.S. regulators, has namedartificial intelligencean …
Regulation & PolicyBanking & FinanceGovernance & Risk Management
GlobalAIConclave | Coursera founder says India has highest AI penetration - CNBC TV18
... AI skills, emphasising a light-touch regulatory approach. Ng advocated a global consensus for AI frameworks, and dispelled misconceptions on AI risks …
FSOC Warns of “Financial Fragility”DangerfromAI- Payments Journal
The Financial Stability Oversight Council (FSCO) is the latest organization to warn about thedangersof usingartificial intelligencein the …
Bing AI gets election info wrong,AI riskto financial systems, more - HT Tech
In other news, the US Financial Stability Oversight Council has found that the rapid adoption of AI can pose newrisksfor the financial system of the …
Science Committee Leaders Stress Importance of Diligence in NISTAISafety Research Funding
House Science Committee - House.gov...risksof AI. The AISI will also fund extramural research on AI safety issues. In the letter sent to NIST, Members stress the need for NIST to …
Governance & Risk ManagementMarkets & InvestmentAI Safety & Existential Risk
EU's Sweeping NewAIAct Could Be An Innovation Killer - Forbes
...AI technologies relatively free from regulatory oversight. However, it bans AI uses deemed to pose “unacceptable”risks. These include biometric …
Privacy & SurveillanceRegulation & PolicyGovernance & Risk Management
AI posesrisksto U.S. economy, Financial Stability Oversight Council says
Pensions & Investments"AI has the potential to increase efficiency and innovation, but it also introduces certainrisks," the council said in its report released Dec. 14. " …
Regulators add AI to list of financial stabilityrisks| ABA Banking Journal
ABA Banking Journal - American Bankers Association Financial Stability Oversight Council also said it is continuing to monitor cybersecurityriskand climate-related financialrisk …
Banking & FinanceRegulation & PolicyCybersecurityGovernance & Risk Management
Healthcare providers to join US plan to manage AI risks-White House - ET Health World
Artificial Intelligence: "The administration is pulling every lever it has to advance responsible AI in health-related fields," the White House …
US identifies use of AI asriskin financial system - ET Telecom
Artificial Intelligence: There is a need to monitor "rapid developments in AI, including generative AI, to ensure that oversight structures keep …
Banking & FinanceGovernance & Risk ManagementChatbots & LLMs
Financial Sector to Expect Generative AI Risk Framework - Lexology
Specifically, Gen AI systems poserisksthat go beyond those of "traditional"AI and potentially extend beyond the scope of the current FEAT Principles …
US highlights AI asriskto financial system for first time - Al Jazeera
Financial Stability Oversight Council says emerging technology poses 'safety-and-soundnessrisks' as well as benefits …
Banking & FinanceGovernance & Risk ManagementAI Safety & Existential Risk
US Treas Yellen saysartificial intelligenceadded to a list ofrisksto financial system
Says Financial Stability Oversight Council addingartificial intelligenceto its list of potentialrisksto financial system. more to come …
Financial Stability Oversight Council Releases 2023 Annual Report - Treasury
Artificial Intelligence(AI): ... However, the use of AI can introduce certainrisks, including safety-and-soundnessriskslike cyber and modelrisks …
Governance & Risk ManagementBanking & FinanceCybersecurityAI Safety & Existential Risk
The EU Agrees on a Path Forward for theAIAct - Gibson Dunn
This framework will require particular diligence on behalf of businesses when classifying their AI systems for the purposes of the Act'srisk-based …
FSOC raises alarm on financial stabilityrisksfromAI| American Banker
American Banker Members of the Financial Stability Oversight Council Thursday warned of increasing financialrisksposed byartificial intelligenceannual report, …
AI presents a 'Brexit opportunity' for Britain but there arerisks- Financial Times
Financial Times It grades AI applications at four differentrisklevels and regulates them accordingly. As Roberts observes, the “rigidity” of the EU framework means …
Banking & FinanceRegulation & PolicyGovernance & Risk Management