I wrote last week about an apparent legal definition of artificial intelligence in a Canadian treasury board directive. At about the same time, the EU was rolling out a discussion paper about a potential definition of AI that looks very much like the kind of thing you would start to insert in legal documents. Here's the Canadian… Continue reading Canadian and EU definitions of Artificial Intelligence; which is better?
Did Canada roll out the first legal defintion of artificial intelligence?
The Canadian government, via its Treasury Board, now has a month old Directive on Automated Decision Making. The directive, applying to federal government departments, is to guide the application of Automated Decision Systems. The intent is to ensure the use of such systems is done with limited risk, with procedural fairness, due process, with assessment of… Continue reading Did Canada roll out the first legal defintion of artificial intelligence?
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?
