The New York Department of Financial Services has issued a circular letter setting expectations that any insurer using artificial intelligence systems must be able to establish those systems do not use data that could produce discriminatory outcomes.
Tag: AI regulations
White House Proposes Regulatory Principles to Govern AI Use
The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach”, and said it wants European officials to likewise avoid aggressive approaches. In a fact sheet, the White House said federal agencies should “conduct risk assessment and cost-benefit analyses prior to any regulatory… Continue reading White House Proposes Regulatory Principles to Govern AI Use