Jasmin Sethi’s Post

The upcoming European Union’s AI Act imposes obligations on companies engaged in #AI design and usage, accompanied by substantial penalties. Businesses must assess potential #compliance shortcomings and strategically implement necessary measures to address internal misalignments. Achieving compliance will pose a significant challenge for most companies. This article outlines essential actions for boards, C-suites, and managers to navigate this process effectively, ensuring their companies are compliant when the regulation takes effect. Special thanks to our legal intern J.J. Galea for his valuable contribution to this piece! #GTG #advocates #coporate #technology #innovation #lawyers #Malta #aiact #eu #regulation Ian Gauci

The U.S. Department of Justice now provides its prosecutors with guidance on how to evaluate companies’ AI governance efforts. Though the guidance is non-binding and meant for prosecutors, it provides insights for executives and compliance professionals as they scale their AI governance efforts.   🔹 We break down the guidance and its implications for companies AI governance efforts here: https://lnkd.in/eipscJrX   🔹 You can read the full text here: https://lnkd.in/d3qQd-PH #AIGovernance #ResponsibleAI  

📢 Breaking AI news! The European Parliament has just adopted the first major law to regulate artificial intelligence - the Artificial Intelligence Act (AI Act). This landmark legislation emphasizes the importance of transparency in AI decision-making processes, ensuring that individuals understand how AI systems operate and can hold developers accountable for their actions. The AI Act represents a significant milestone in our collective journey towards harnessing the potential of AI for the greater good. Its enactment reinforces the need for responsible AI development, and paves the way for ethical and trustworthy AI systems. Let's continue to work towards developing AI that benefits society while ensuring that it is used in a safe and transparent manner. #AI #Regulation #Ethics #Transparency #ResponsibleAI

Update: Today, the EU Parliament gave final approval to the AI Act, marking humanity's first bonafide attempt at a comprehensive legal framework for managing the risks posed by artificial intelligence. Compliance professionals navigating the AI Act can check out our guidance here: #compliance #AIAct

"ARTIFICIAL INTELLIGENCE Under the Updated ECCP, prosecutors will consider (1) the emerging technology (specifically referring to and then later defining artificial intelligence (AI)) that a company and its employees use to conduct business, (2) whether the company has conducted a risk assessment of that technology to confirm that use not only complies with new and emerging AI legislation but also that it complies with the company’s code of conduct, and (3) whether the company has taken appropriate steps to mitigate associated risks, including updating policies, processes, and monitoring". https://lnkd.in/dmUsJ7qQ

The US Department of Justice recently updated the ECCP to address risks and develop controls related to #AI, whistleblower protections and access to data. Read more about key takeaways from the updated guidance in this client alert.

The US Department of Justice recently updated the ECCP to address risks and develop controls related to #AI, whistleblower protections and access to data. Read more about key takeaways from the updated guidance in this client alert.

The US Department of Justice recently updated the ECCP to address risks and develop controls related to #AI, whistleblower protections and access to data. Read more about key takeaways from the updated guidance in this client alert.

The US Department of Justice recently updated the ECCP to address risks and develop controls related to #AI, whistleblower protections and access to data. Read more about key takeaways from the updated guidance in this client alert.

To find out more on the compliance and data protection implications of integrating facial recognition into your business why not listen to Corsight AI 's webinar, with insight from our own Mike Gillespie FCIIS MSyI CIRM, Pauline Norstrom and Tony Porter https://lnkd.in/e5HDrJcR #facialrecognition #dataprotection