Hamilton Locke’s Post

Brief summary on global AI regulation efforts. #ai #regulation #aiact https://lnkd.in/gypEiwh7

The European Union has just approved the world's first set of rules on AI. AI systems are categorized according to the risk they pose, and requirements of transparency and oversight vary accordingly. In addition, a governance structure is set up, with an AI Board, an AI office, a scientific panel of independent specialists and an advisory panel of stakeholders The new legislation also addresses other issues, such as how to foster safe experimentation with AI systems so as not to hamper innovation and, of course, the issue of penalties. Link in the comments. #artificialintelligence #ai

The Australian Government has today released proposed mandatory guardrails for the use of AI in high-risk settings - across the AI supply chain and throughout the AI lifecycle. The guardrails set expectations on how to use AI safely and responsibly in high risk settings. They aim to: • address risks and harms from AI • build public trust • provide businesses with greater regulatory certainty. Feedback is sought on a number of aspects of the proposal, including ow to determine high-risk settings, with consultation open until 4 October 2024, via the Department of Industry, Science and Resources Consult Hub. #AI #Regulatoryreform

How to regulate AI #ai #regulation

The #EuropeanCouncil has formally approved and adopted the #AI act. This is the start of a long and complex process towards full implementation of the first comprehensive and enforceable legislative framework on AI technology in both the commercial and public environment. Major moment which will help shape positively appropriate scaling of AI across sectors. KPMG Future Analytics Read more here: https://lnkd.in/eFpYTcWd

🔆 The EU AI Act has ambitious goals to protect fundamental rights and support innovation. It is the first comprehensive AI regulation to be implemented on such a large scale, How organisations implement these rules will set a precedent in how we collectively use and develop generative AI, within the EU and globally. 🗞 More about the Act, Pokemon tampering and this week's big tech announcements in Lumiera's newsletter, The Loop. Read it here! #aiforbusiness #responsibleai #artificialintelligence #ai

AI governance is a shared responsibility. There are the governments responsible for creating new AI policies, the developers building new AI systems, and of course, the organisations that buy and use AI tools day to day. We focus on these businesses in our latest blog, which looks at who is accountable for governing AI tools within an organisation. Here we list four ways that they can share their AI governance responsibilities across the entire business. You can read the full blog here: https://lnkd.in/ea84YcWQ #AIGovernance #ArtificialIntelligence #AIRegulation

We have been talking with a number of organisations about whether they intend to appoint an #AIOfficer who would have responsibility for evaluating AI opportunities, ensuring competent assessment of AI tools and monitoring their tools' compliance. Of course, this has to be done in partnership with other compliance professionals within the organisation and be integrated with #dataprotection, #infosec and #datagovernance initiatives. Is your organisation thinking about appointing an AI Officer? If so, what skills and qualifications would you be looking for? #AIgovernance, #responsibleAI, #AIAssurance, #cybersecurity, #informationsecurity

The EU AI Act is now set in motion. And the banning of prohibited AI use cases will take effect as soon as Q3 2024. While it may seem like a complicated piece of legislation, it is quite straightforward for most companies. If you are developing or deploying low risk AI systems, the EU AI Act would have minimal to no implications to you. For limited risk, you will have to adopt transparency and feedback/reporting measures, which you should even without regulations. For high risk AI systems, the impact is huge. There is a whole list of obligations, which includes third party AI audit and certification, and incident reporting similar to #GDPR. While many aspects especially on the enforcement and implementation remain vague, companies can now start adapting to the EU AI Act with much certainty with timeline visibility. This also opens up interesting opportunities such as AI audits, AI governance consultation and tools! Please leave any questions regarding the EU AI Act in the comments below. #euaiact #genai #ailaw #airegulation #airegulations #aigovernance #ai #ainews

The UK Government has adopted a cross-sector and outcome-based regulatory framework for ethical and effective AI adoption, underpinned by five core principles. This framework marks a significant step towards ensuring AI serves the public good while fostering innovation and trust. Public sector entities must prepare for heightened AI regulation activities in the upcoming year. The CloudSource AI Ignite Programme is pivotal in guiding these organisations towards ethical and expedited integration of AI solutions. Read our blog post to discover more about the five principles and how to begin your journey with AI through our AI Ignite Catalyst program. https://lnkd.in/dYZS8m22 #govtech #responsibleAI #publicsector #digitaltransformation