In this article: Banks stand for the operational resiliency of the economy. Traditionally, banks follow robust risk management practices. However, GenAI adoption presents a double-edged sword, hence why there is growing unrest among regulators to ensure responsible AI that emphasizes human centricity, social responsibility and sustainability. PwC alerts about a risk management gap related […]
AI Governance
In this article: As the FDA continues its work to ensure that AI is deployed safely within healthcare, there are a couple prevalent issues that frequently pop up, said Luke Ralston, one of the agency’s reviewers. These Are 2 of The Biggest Issues with Healthcare AI, According to an FDA Reviewer – MedCity News
In this article: X has agreed to stop processing its EU users’ data for its Grok AI. It has done so after Ireland’s Data Protection Commissioner (DPC) took it to court in Ireland. The move means that Grok AI, currently being pushed by Elon Musk, can’t use Europeans’ tweets. https://www.independent.ie/business/technology/x-permanently-stops-grok-ai-from-using-eu-citizens-tweets-after-court-action-by-irish-data-watchdog/a168142842.html
In this article: With artificial intelligence becoming more pervasive, insecurities over job displacement have emerged as a major concern. A survey finds artificial intelligence and machine learning to be the most sought-after skills in FY25 as many seek to upskill to remain relevant. https://economictimes.indiatimes.com/tech/artificial-intelligence/a-vast-majority-of-young-professionals-fear-ai-disruption-survey/articleshow/113153076.cms
In this article: The Summit of the Future (September 22-23 2024) will be a decisive moment for global diplomacy and the international norm-building process in the sphere of Artificial Intelligence (AI). At the summit, world leaders and stakeholders are to come together under the aegis of the United Nations to advance the Global Digital Compact […]
In this article: The artificial intelligence industry has gone on a lobbying binge in the past few years, deploying scores of hired influencers to help shape potential government action. As AI evolves at such a rapid clip, lawmakers are leaning on the lobbyists’ expertise because think tanks, nonprofit groups and academia are struggling to keep […]
In this article: The California Legislature passed more than a dozen bills to regulate artificial intelligence in recent days, though some ambitions fell short. What California lawmakers did to regulate artificial intelligence
In this article: The newly adopted EU AI Act represents a pivotal milestone that heralds a new era of AI regulation across industries. With its broad territorial scope and applicability, this comprehensive legislation establishes stringent requirements for AI systems. This article, analyzes the AI Act’s impact on digital medical products, such as medical devices: How […]
In this article: The next battleground is already taking shape: nations like the US and China are positioning themselves as AI leaders. The EU risks falling behind, and India is debating a third way. https://www.hindustantimes.com/business/overregulating-ai-may-mean-getting-left-behind-101725631408178.html
In this article: Aotearoa New Zealand has yet to establish a regulatory framework for the rapid adoption of AI-enabled technologies. Until now, the Privacy Commissioner has been the primary source of guidance for businesses implementing AI. However, the Government has signaled upcoming changes to shape AI regulation. Businesses looking to capitalize on AI’s potential are […]
