As AI development accelerates, the governance landscape is expected to become increasingly complex, with a focus on compliance with emerging regulations and the rise of agentic AI systems. Industry leaders predict these changes will necessitate a shift from ethical considerations to operational realities, embedding responsible AI principles into standard business practices.
A report by Corporate Europe Observatory highlights that big tech companies dominate the drafting of EU standards for artificial intelligence, with corporate representatives making up 55% of the joint technical committee on AI. This raises concerns about the inclusivity of the standard-setting process, as only 9% of members represent civil society.
The EU AI Act, set to take effect in February 2025, will classify AI applications in recruitment and HR as “high risk,” necessitating compliance from businesses that develop or deploy such systems. This legislation aims to ensure safety and accountability in the use of AI technologies within organizations.
A new state-level AI bill in Texas, known as the Responsible AI Governance Act (TRAIGA), aims to regulate the use of AI and prevent discrimination by imposing compliance obligations on developers and deployers of high-risk AI systems. The bill could have significant implications for AI deployment in Texas, especially in areas like recruitment, while critics warn it may lead to overreach and complicate federal AI regulation efforts.
As the capabilities and benefits of artificial intelligence (AI) grow, so do the complexities and risks associated with it, prompting governments worldwide to implement regulations. In the U.S., both federal and state levels are actively working to create regulatory frameworks that encourage AI innovation while protecting citizens from potential harms.
The article reviews the EU AI Act and the ASEAN AI Guide, highlighting their approaches to regulating artificial intelligence and ensuring ethical deployment. It discusses the implications of these regulations for organizations in the respective regions and the potential influence of the EU framework on ASEAN’s AI governance.
The EU Artificial Intelligence Act establishes the first comprehensive legal framework for AI globally, presenting challenges for U.S. businesses as they navigate compliance with stringent European standards. Senator Ted Cruz has called for an investigation into European influence on U.S. AI policymaking, emphasizing the need for the U.S. to maintain its innovative edge without succumbing to restrictive foreign regulations.
New York has enacted a new law that prevents state agencies from replacing human workers with artificial intelligence and requires them to conduct reviews of their AI use. The law aims to safeguard jobs and ensure that AI is monitored when used in decision-making processes like unemployment benefits.
Korea has passed the AI Basic Act, making it the second country globally to establish a comprehensive legal framework for artificial intelligence development. The law aims to enhance national competitiveness in AI while ensuring safety and transparency in its application.
Texas Representative Giovanni Capriglione has filed House Bill 1709, the proposed Texas Responsible Artificial Intelligence Governance Act, to create comprehensive regulations for AI development. The bill aims to ensure public trust and safety while fostering innovation in the state’s rapidly evolving AI landscape.
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