Laurie Gerner, MBA’s Post

April saw further regulatory and policy developments across AI and digital assets. The continuously high level of activity across so many legislators is fully in line with the findings of the newly published AI Index Report 2024 – the annual opus magnum of all-things-AI by Stanford’s Human Centered Artificial Intelligence. Our Note this month looks into this as well as the latest iteration of the EU AI Act, and Singapore’s important new rules for digital assets.

2024 has been a transformative year for artificial intelligence (AI) in Australia marked by significant regulatory developments and industry advancements. In our AI Year in Review, we’ve pulled together the main regulatory themes and developments that have emerged through the course of the year, providing insights for Australian companies as they navigate the evolving AI regulatory and policy landscape into 2025 and beyond.

📢 We’re excited to announce the release of our latest report in collaboration with CSIRO's National AI Centre : “Understanding 42001.” This comprehensive document sheds light on the critical aspects of AI management system standards and their impact on Australian organisations and the broader community. 🔍 Key objectives: - What are management system standards and why do we need them? - Background and information about 42001 - The benefits of the standard - Why we need AI standards in Australia 📚 Read the full report here: https://lnkd.in/gHQKD6m6

more interpretation more understanding on ISO 42001.

🌟 Exploring the Future of AI Management 🌟 As we venture further into the realm of artificial intelligence, one question looms large: How do we effectively manage this transformative technology? Enter the 42001:2023 Management System for Information Technology - Artificial Intelligence. It’s not just a standard; it’s a guiding philosophy for navigating the complexities of AI in today’s digital landscape. In a world where AI is ubiquitous, ensuring responsible development and utilization is paramount. The 42001:2023 standard offers a blueprint for organizations to do just that. It prompts us to consider not only the technical aspects of AI implementation but also the ethical implications and societal impacts. By embracing this standard, organizations signal their commitment to transparency, accountability, and continuous improvement in their AI practices. It’s a testament to the collective effort to harness the power of AI for the greater good while mitigating potential risks. As we embark on this journey, let’s not just adopt AI but manage it thoughtfully. Let’s pave the way for a future where AI serves as a force for positive change, guided by principles of integrity and innovation. #AIManagement #EthicalAI #FutureForward 🌐🤖

Kiva ohje ISO/IEC 42001 AI Management System -standardin hyödyntämiseen: "AI systems are inherently socio-technical in nature, meaning they are influenced by societal dynamics and human behaviour. AI risks – and benefits – can emerge from the interplay of technical aspects combined with societal factors related to how a system is used, its interactions with other AI systems, who operates it, and the social context in which it is deployed.” #tekoäly #riskienhallinta #AImanagementsystem

Delving into the world of AI, we often find ourselves navigating two key elements: 1. Technology - its construction and application. 2. Data - its utilization. This international conference is a unique platform where industry visionaries converge to discuss ethical and responsible deployment of AI. This year, the event will also focus on an in-depth exploration of the newly approved EU AI Act (13 March 2024). Looking forward to exchanging ideas and insights with you there!

Recently, the EU approved the EU AI Act, positioning itself as a leader in human-centric, trustworthy AI. We explored the implications and challenges the Act presents for businesses striving to balance utility and compliance. Our discussion featured insights from leading experts Tanya Chib, Oksana Rasskazova, Thomas Gomes Pereira Prete, Adv., Pavel Čech, and Yuri Rodrigues. ⏩ Dive into our carousel for key takeaways and read more in ⏩  https://lnkd.in/d996xJsS #EUAIAct #AIexperts #Anonos European Union Council of the European Union

Can the UN adapt to meet the challenges of our digital future? Ian Bremmer and a group of experts on the UN’s High-Level Advisory Body have been studying the issue of global AI governance for the past year. He explains how the UN can lead in the digital era. #GZEROWorld

#CPDP2024 puts accelerating complexity of AI at the centre stage, with the underlying question: Is AI governable? Wilson Sonsini associate Laura Brodahl will appear on the panel "Practitioners' Perspectives on the New Digital Framework" on May 23rd. Check out the full program below!