financial services, Principles of AI regulation, United States

Point, counterpoint.

A thoughtful speech by Governor Brainard of the US Federal Reserve is the counter-argument to the EU AI ethics chief's position; that regulation could hold off for now. After reviewing the increasing uses of AI (particularly machine learning) in financial services, the Governor suggests that regulators are required to consider consequences of the new technology, its risks… Continue reading Point, counterpoint.

European Union, Regulating AI, United States

The sound of a starter’s gun?

  Will this be something? I've written on this blog about the difficulty of not having AI regulation that reaches across borders. Here we have the UK's Financial Conduct Authority proposing to work with other agencies from several states and across five continents on tech regulation including regulation of AI. Seems like it could be an important first… Continue reading The sound of a starter’s gun?