State Rep. Hubert Delany emphasizes the urgent need for AI regulation to ensure fairness, accountability, and transparency in systems that affect people’s lives. He supports Senate Bill 2, which aims to establish human oversight and prevent discrimination in AI decision-making processes.
Governments around the world are struggling to balance the need for regulation with the rapid expansion of AI technology. While the European Union aims to establish a legal framework for AI, the U.S. adopts a more laissez-faire approach to foster innovation.
On February 12, 2025, the European Insurance and Occupational Pensions Authority (EIOPA) published a consultation on its draft opinion regarding artificial intelligence (AI) governance and risk management. The Opinion provides guidance for insurance undertakings on the responsible use of AI systems in the insurance value chain, emphasizing the importance of proportionality in governance and risk management measures.
The draft Code of Practice on General-Purpose Artificial Intelligence (GPAI) aims to assist AI companies in complying with the EU’s AI Act, focusing on transparency, copyright, and risk assessment. However, the tech industry has raised significant concerns about the draft’s burdensome requirements and its potential impact on innovation.
Spain’s government has approved a draft bill to regulate the ethical use of artificial intelligence, which includes mandatory labeling of AI-generated content. The bill aims to align national laws with EU regulations and prohibits harmful AI practices such as deepfakes and biometric recognition in public spaces.
The article discusses the challenges and uncertainties surrounding the United States’ approach to artificial intelligence (AI) governance under President Trump, emphasizing the need to balance rapid innovation with safety and public trust. It highlights the divergence between U.S. AI policies and those of the European Union and China, suggesting that the U.S. should integrate meaningful safeguards to maintain its leadership in AI development.
The rollout of the EU AI Act presents significant challenges for companies operating within the EU, as they must establish robust risk management frameworks to comply with its regulations. This situation necessitates balancing innovation and compliance while navigating an increasingly complex global regulatory landscape.
This post discusses the essential steps for creating an AI Governance Policy that ensures responsible, ethical, and compliant use of AI within organizations. It emphasizes the importance of establishing clear objectives, a governance structure, and integrating robust oversight mechanisms to align with international standards.
With the introduction of the EU AI Act, financial organizations integrating artificial intelligence will face new compliance requirements that could result in significant penalties for non-compliance. The Act emphasizes the need for human oversight in automated decisions, pushing financial institutions to adapt their processes to ensure fairness and transparency in AI usage.
The UK Artificial Intelligence (Regulation) Bill has been relaunched in the House of Lords, aiming to establish a central AI Authority to oversee regulation and ensure safety, transparency, and fairness in AI use. Despite passing its first reading, the bill faces uncertainty regarding government backing and cross-party support in the House of Commons.