In this article: MDDI plans to introduce guidelines for generative AI model developers and app deployers Objective: Strengthen AI governance to create a supportive AI ecosystem for businesses. Announcement: Made by Minister for Digital Development and Information Josephine Teo during her opening address at Personal Data Protection Week on July 15. Key Focus: Mitigating data […]
AI Governance
In this article: Purpose: Ensure effective governance of third-party AI systems involving personal data. AI Governance Committee: Establishment: Companies should create an AI governance committee. Scope: The committee should oversee the entire lifecycle of all AI solutions across the company, not restricted to specific divisions (like finance or sales). Resources: The committee should be provided […]
In this article: Potential of AI: Revolutionize business operations. Drive efficiency and innovation. Improve customer and employee experiences. Integration Requirements: Careful and intentional planning. Robust governance to ensure ethical, legal, and effective use of AI. Avaya’s Role: As a leader in enterprise customer experience (CX), Avaya understands the importance of AI governance and its impact […]
In this article: Organization: Insurance and Pension Denmark (I&P Denmark) Warning: I&P Denmark warns against “Danish over-implementation” of the EU’s AI regulation. Concern: Over-implementation could lead to unnecessarily strict rules and increased administration. EU AI Regulation: Recently published and will officially come into force on 1 August. Comment by Thomas Brenøe: Position: Director of insurance […]
In this article: Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday (July 11). Harris said this in a press release announcing the DFS’s adoption of guidance for insurers that use AI in underwriting and pricing. NYDFS Issues Guidance […]
In this article: Countries around the world are vying to set the tone for global regulation of artificial intelligence — and now China has set out its views on global cooperation in the sector. https://www.cio.com/article/2516161/china-makes-its-bid-for-global-ai-governance.html
In this article: The incoming European Parliament will continue work on a legal framework to determine liability in case of defaults in AI products, following the AI Act’s enforcement on August 1. There is ongoing division between the Brussels tech lobby and consumer organizations regarding the need for additional rules. The European Commission proposed the […]
In this article: Microsoft (MSFT.O), opens new tab has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI start-up’s governance had improved significantly in the past eight months. Microsoft ditches OpenAI board observer seat amid regulatory scrutiny | Reuters
In this article: Lawmakers worldwide agree that AI must be regulated. The EU passed the first comprehensive AI law while the US President cleared an Executive Order empowering AI firms to police themselves China framed rules and imposed bans on AI models that endanger public interest, writes JSA Advocates and Solicitors’ Partner Sajai Singh. How […]
In this article: Commentary – Attorney Analysis from Westlaw Today, a part of Thomson Reuters. This article first compares US and EU AI regulatory approaches then explores ways multinational companies and various regulators can navigate the way forward. Disconnected rules in a connected world: ideas for AI innovation and regulation | Reuters
