The Reserve Bank of India has issued a structured proposal for a FinTech regulatory sandbox. The proposal is straight forward and follows the establishment of a working group that reported in 2018. The sandbox is to allow exploration of new and innovative technologies (which is noted to include Artificial Intelligence and Machine Learning applications) that will solve… Continue reading Reserve Bank of India introduces FinTech regulatory sandbox.
A new US senate bill has been introduced to regulate machine learing algorithms. The content is discussed here. What caught my eye was the definition of "automated decision system." I have suggested previously that a definition of artificial intelligence is important for successful regulation. This appears to be a be a work around. Rather than define artificial… Continue reading Undefined
(I) (See what I did there with the logo?) Anyway, the Food and Drug Administration recently issued a press release and a discussion paper regarding a framework for AI based medical devices. In particular the agency wants to deal with continuously learning or adaptive algorithms, rather than ones that have been locked (and approved). They want to… Continue reading FDA proposes new AI regulatory scheme; is it a model?
This workshop summary has some interesting and practical (by which I mean things you could actually put into practice) ideas about how to engage in AI regulation. The suggestions of having the ability to look back to see how AI made decisions or acted as well as generalist investigative or oversight bodies are not ones… Continue reading An AI watchdog and other practical thoughts.
I set up a whole blog about regulating artificial intelligence and some guy suggests that's impossible. It's understandable why people feel that way, really. To some extent the task seems fairly impossible in that there are a myriad of areas to consider and the use of technology seems to be far outpacing any kind of government… Continue reading Well that’s depressing.
Previously I described Google's white paper on AI regulation, released not long ago. Here are a few more thoughts about it (you'll have to have reference to the paper as I mention some specific items in it): Many of these discussions on AI regulation still begin with the premise that we know what we mean by AI.… Continue reading Some further thoughts on the Google AI governance white paper.
(I got lotsa white paper. And why is it always called a white paper?) Google's white paper on AI governance has been released (January 22) and is an imporant read given the source. It calls for "concrete, context-specific" government action on AI regulation with five areas for consideration: -explainability standards -fairness appraisal -safety considerations -human-AI collaboration,… Continue reading Google’s AI Governance white paper calls for regulatory clean up.