This guide outlines how to effectively assess the risks associated with artificial intelligence (AI) systems through an Artificial Intelligence Impact Assessment (AIIA). It emphasizes the importance of creating a repeatable framework that addresses potential biases, privacy concerns, and the broader societal impacts of AI technologies.
California’s Assembly Bill 1018, which aims to require transparency and the right to appeal automated decisions affecting individuals, has been delayed for the third consecutive year. The decision allows for further discussions with Governor Gavin Newsom and addresses concerns raised by various industry opponents.
AI will not eliminate legal jobs in Brazil by 2025, but it will automate routine tasks like research and drafting, potentially affecting 31.3 million workers. As demand rises for expertise in areas such as LGPD compliance and liability, targeted reskilling will be crucial for legal professionals.
The EU AI Act is now in effect, presenting multifaceted risks for legal leaders, including potential fines and reputational damage. To mitigate these risks, it’s crucial for General Counsel and Chief Legal Officers to ask their legal tech vendors seven key questions regarding compliance and governance.
The rise of “shadow AI” refers to the unsanctioned use of AI tools by employees, which poses significant risks for organizations regarding security and compliance. A recent report indicates that 90% of IT leaders are concerned about these unauthorized practices, leading to potential financial losses and data breaches.
Compliance with the EU AI Act is becoming a priority for UK businesses as they navigate its complex requirements to maintain market access. This blog post explores key obligations under the Act and best practices for implementing ethical AI solutions that align with both EU and UK regulatory frameworks.
The panel discussion at the AI Agenda conference highlighted the evolving landscape of global AI regulation, noting the diverging approaches taken by the EU, UK, and US. As countries navigate the balance between innovation and regulatory frameworks, the focus remains on accountability, transparency, and the need for human oversight in AI governance.
The EU has adopted the world’s first comprehensive AI regulation, known as the Artificial Intelligence Act, which aims to balance innovation and safety by categorizing AI applications based on risk levels. However, there are concerns that this regulation could stifle competitiveness and push companies to avoid the European market due to potential fines for non-compliance.
Italy has become the first EU country to enact comprehensive AI regulations, establishing principles of human-centric and transparent AI use. The law imposes rules across various sectors and requires parental consent for AI access by those under 14, while designating national authorities to oversee AI development.
AI is advancing more rapidly than regulations, presenting both risks and opportunities for compliance teams. Organizations must proactively adopt frameworks to manage AI risks and embrace a continuous, adaptive compliance process to keep pace with evolving threats and regulations.