In this article: Governor J.B. Pritzker recently signed House Bill 3773, a legislation aimed at regulating the use of artificial intelligence (AI) in employment practices. This new law, which takes effect on January 1, 2026, amends the Illinois Human Rights Act to include certain AI applications, such as generative AI (GenAI), as potential civil rights […]
AI Regulation
In this article: California Legislation: S.B. 1047 passed by lawmakers. AI Restrictions: Bill introduces new AI restrictions. Safety Testing: AI companies must test systems for safety pre-release. Legal Consequences: State Attorney General can sue for AI-caused harm. Potential National Model: Could set a precedent for U.S. AI regulation. Awaiting Governor’s Decision: Bill sent to Governor […]
In this article: For the first time, Commerce makes public new NIST draft guidance from the U.S. AI Safety Institute to help AI developers evaluate and mitigate risks stemming from generative AI and dual-use foundation models. https://www.commerce.gov/news/press-releases/2024/07/department-commerce-announces-new-guidance-tools-270-days-following
In this article: As businesses increasingly turn to AI for streamlining data management, the ethical implications of these technologies demand serious consideration. From ensuring data privacy and security to addressing biases embedded within algorithms, companies must navigate a complex landscape of responsibilities. FinTech Global recently sat down with Ian Carman, Director – Head of Forensic […]
In this article: Leading tech majors are building internal review boards to ensure the ethical development of AI systems, in response to the growing concerns around data privacy, sovereignty, bias, and hallucinations posed by the emergence of generative AI models. AI ethics boards: AI ethics boards coming up fast in Indian tech majors […]
In this article: AI companies are shifting from creating large models to developing practical products, facing five key challenges: Cost: High operational expenses hinder broad application. Reliability: Current AI systems often lack consistency. Privacy: User data concerns complicate AI assistant development. Safety and Security: Mitigating risks like bias and hacking remains difficult. User Interface: Designing […]
In this article: Equal emphasis is given to supporting AI adoption and consumer protection. Singapore’s twin engine approach to AI regulation | The Straits Times
In this article: In a stark warning to policymakers, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have emphasized that Europe could fall behind in the global race for AI leadership due to its fragmented and inconsistent regulatory landscape. “With more open-source developers than America has, Europe is particularly well placed to make the […]
In this article: Governments worldwide are implementing regulations to ensure that AI is developed and used responsibly. For CISOs operating on a global scale, understanding and navigating the evolving AI regulatory landscape is crucial. Staying ahead of these regulations is not just about compliance but also about fostering trust and ensuring the ethical deployment of AI technologies. This […]
In this article: The state of artificial intelligence regulation in the U.S., or the lack of it, is a pressing matter for Fortune 500 companies as they launch AI projects. Some 27% of Fortune 500 companies cite AI regulation as a risk in their annual reports AI Regulation Is Coming. Fortune 500 Companies Are […]
