36 member countries plus six others signed on to the OECD's AI principles late last month. Described as a global reference point for trustworthy AI, it is noted that other similar guidelines and principles have been the basis for laws in other areas. So, given the lack of much significant legislative activity at the national levels, this… Continue reading AI, OECD and, sometimes, try.
Category: AI governance
Reserve Bank of India introduces FinTech regulatory sandbox.
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.
Undefined
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
FDA proposes new AI regulatory scheme; is it a model?
(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?
An AI watchdog and other practical thoughts.
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.
