BABL AI

🎙 Guest Feature Alert 🎙 We’re excited to share that BABL AI CEO Shea Brown is the featured guest on the latest episode of "The Road to Accountable AI" with Professor Kevin Werbach. In this engaging episode, Brown discusses the essential role of audits in building ethical and accountable AI systems. #ai #aiauditing #podcast #aigovernance https://lnkd.in/gheWv3FN

LinkedIn Fined €310 Million for GDPR Violations 🚨📉 The Irish Data Protection Commission (DPC) recently hit LinkedIn with a massive €310 million fine for failing to comply with GDPR regulations. The investigation revealed that LinkedIn used user data for targeted ads without proper consent or transparency. The DPC found LinkedIn in breach of several key provisions, including the requirement to process data lawfully, fairly, and transparently. This decision highlights the ongoing crackdown on Big Tech’s misuse of personal data. 💡🔍 Stay informed about the latest in AI, tech governance, and digital privacy with #BABLBites #ai

💡 News Update 💡 A new report from the Partnership on AI has raised concerns about the growing patchwork of frameworks addressing AI documentation, which could lead to fragmentation if not properly coordinated. The report, titled “Policy Alignment on AI Transparency: Analyzing Interoperability of Documentation Requirements Across Eight Frameworks,” focuses on interoperability challenges between documentation requirements in the U.S., EU, UK, and several multilateral initiatives. As AI systems increasingly power critical sectors, ensuring consistent and interoperable documentation practices is vital to safeguard transparency, accountability, and public trust in these systems. #ai #news #partnershiponai #responsibleai https://lnkd.in/g4p9u8-n

Sonoma County just set a new standard for responsible AI governance! 🌱 Their new policy prioritizes transparency, ethics, and data protection, while carefully balancing the benefits and risks of AI. Learn how their approach could shape the future of AI adoption in local governments! Let me know your thoughts? #ResponsibleAI #AIGovernance #BABLBites”

💡 News Update 💡 A new report from the International Monetary Fund reveals that AI could be the key to overcoming stagnant productivity in Latin America and the Caribbean. The region, which has lagged behind in productivity growth compared to other emerging markets like Asia and Europe, faces a critical opportunity to harness AI for economic advancement. The report, titled “What Can Artificial Intelligence Do for Stagnant Productivity in Latin America and the Caribbean?” outlines how AI can drive productivity in various sectors while highlighting the risks if adoption remains slow. #imf #ai #news #productivity https://lnkd.in/g2WBFP3a

💡 News Update 💡 In an update to a story we brought you earlier this month, Singapore’s Parliament has officially passed the “Elections (Integrity of Online Advertising) Amendment Bill.” The newly approved legislation, known as Bill No. 29/2024, amends both the Parliamentary Elections Act 1954 and the Presidential Elections Act 1991, aiming to ensure that election campaigns remain transparent and free from misleading online manipulation, especially in an era of rapidly advancing digital technologies such as AI. #ai #advertising #elections #news https://lnkd.in/gWXC7FZB

🔍 Blog Post 🔍 In the rapidly evolving landscape of AI, businesses are increasingly recognizing the importance of ethical AI practices. As AI becomes more integrated into various aspects of business operations, from customer service to decision-making processes, the need for responsible and ethical use of these technologies is paramount. AI not only addresses the moral implications of AI use but also provides significant business advantages, including increased customer loyalty, improved employee engagement, and reduced regulatory risks. This blog post explores the business case for ethical AI, highlighting how companies can benefit from adopting responsible practices. #ai #ethicalai #responsibleai #blog https://lnkd.in/ghvyqxV7

💡 News Update 💡 The Japan Fair Trade Commission (JFTC) has initiated a major effort to address competition concerns in the rapidly evolving generative AI market. With the publication of a discussion paper titled “Generative AI and Competition,” the JFTC is calling for feedback from industry experts, businesses, and other stakeholders to better understand the potential impacts of generative AI on competition in Japan. #jftc #ai #generativeai #news https://lnkd.in/g8fXDPfN

💡 News Update 💡 The UK government recently unveiled a new grants program to support research into safeguarding society against risks posed by AI, such as deepfakes, misinformation, and cyberattacks. The program, led by the AI Safety Institute in partnership with the Engineering and Physical Sciences Research Council (EPSRC) and Innovate UK, is designed to enhance “systemic AI safety,” with £4 million available in the first phase. #ai #aisafety #research #news https://lnkd.in/gVK9zHSF

💡 News Update 💡 A comprehensive report published this month by the International Alliance for Public Safety highlights the establishment of AI Safety Institutes as pivotal in managing the rapidly growing risks associated with AI. The report, titled “Understanding the First Wave of AI Safety Institutes,” provides critical insights into the formation and functions of these institutes across major global regions, including the UK, US, Japan, and the European Union. #ai #aisafetyinstitute #aigovernance #news https://lnkd.in/gdyY7ynB