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AI Leaders Call for Global Standards to Mitigate Risks

September 13, 2023 | Commerce, Science, and Transportation: Senate Committee, Standing Committees - House & Senate, Congressional Hearings Compilation


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AI Leaders Call for Global Standards to Mitigate Risks
In a recent government meeting, discussions centered on the urgent need for comprehensive risk management and regulatory frameworks for artificial intelligence (AI) development and deployment. Members of the Business Software Alliance (BSA) highlighted the extensive risk management programs already in place among their members, emphasizing the importance of conducting impact assessments to mitigate bias and discrimination in AI systems. They advocated for legislation that would mandate such assessments, particularly for companies operating in high-risk scenarios, to enhance transparency and accountability in AI usage.

The conversation also touched on the global landscape of AI regulation, with particular reference to the European Union's impending AI Act. BSA representatives expressed concerns about the potential for a fragmented regulatory environment, urging the United States to take a leadership role in establishing harmonized global standards. They noted that as countries worldwide advance their AI legislation, the U.S. has a critical opportunity to influence these discussions and promote consistent guidelines.

Additionally, the meeting underscored the necessity of a national data privacy law, which stakeholders believe is essential for addressing issues related to data training sets used in AI systems. The representatives from BSA and other organizations stressed that while privacy regulations and AI governance do not need to be developed sequentially, both are crucial for fostering a responsible AI ecosystem.

Transparency in AI was another key theme, with discussions on the importance of informing consumers when they interact with AI systems, such as chatbots or AI-generated content. The BSA members proposed the implementation of standardized practices to enhance consumer trust, including the use of model cards that detail the features and limitations of AI systems.

Overall, the meeting highlighted a collective call for proactive legislative measures to ensure that AI technologies are developed and utilized responsibly, with an emphasis on risk management, transparency, and global cooperation.

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