Oversight of how AI is being used is increasing. This article from Ryan Costello of ProSearch discusses how regulators will monitor that use.

In his article on Legal Dive (Tips for understanding how regulators will monitor organizations’ AI use, available here), Ryan discusses that, while AI holds promise as a driver of business growth and productivity, it also presents concerns that are attracting regulatory scrutiny. Now is the time to take practical steps to prepare for compliance.

When it comes to AI, risks of misuse or unintended consequences are front and center with regulators. For one thing, AI has the potential to perpetuate and exacerbate biases if safeguards are not in place.

Ryan also points out that concerns about AI are similar to privacy issues, in part due to the risks that AI poses to data privacy and security. It’s notable that much of the language being used around the concept of responsible AI – notice, transparency and accountability – is the same language we find in the EU’s General Data Protection Regulation and other privacy laws.

Bottom line, more oversight is needed to ensure AI does not reinforce biases and is deployed ethically.

So, what are some of the regulatory efforts that the EU and US have taken so far that illustrate how regulators will monitor AI use? What are some of their methods for monitoring AI systems and ensuring compliance with regulations? And what are some best practices for compliance? Find out here, it’s just one more click! I hope you’ll comply with my request! 😉

So, what do you think? What, if anything, is your organization doing about AI compliance? Please share any comments you might have or if you’d like to know more about a particular topic.

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