
“Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks.“
Stephen Hawking
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If you are interested in any of these areas and gain access to our white paper on AI regulation then please click here
Artificial Intelligence
The creation and widespread availability and use of AI has undeniable benefits, it has improved our ability to identify and cure illness and is capable of increasing our individual data privacy and security as a defence against cyberattacks. In business, AI can increase productivity, create operational efficiencies, enhance problem-solving and so much more.
However, it is beyond doubt that greater control needs to be sought over both the development and deployment of this emerging technology to avoid its potentially catastrophic effects on society, businesses, and the individual.
For this reason, most nations are looking to introduce a regulatory or legal regime to gain control over both the development and deployment of AI by organisations. The first and most comprehensive attempt at this has come from the EU through their EU AI Act.
As such, this piece of legislation stands as the first and most complete legal gold standard for AI development and deployment. Meeting this standard will:
- Make your product marketable to a wider range of global clients.
- Build client and customer trust, by putting in place, as standard, a high technical and governance standard.
- Give you access to development resources e.g., EU’s free development sandboxes.
- Help you maintain business continuity despite regulatory change.
- Protect you against the reputational risk of a failure to meet regulatory requirements.
AI Development
New regulatory approaches, set a gold standard for AI development that businesses must meet before their products are widely marketable. Therefore, it is essential that companies begin to prepare to meet new requirements so that they can profit from current and future AI projects. New requirements for those developing AI cover 6 areas including:
- Data and data governance.
- Technical documentation.
- Record keeping.
- Transparency and provision of information to users.
- Human oversight.
- Robustness, accuracy, and security.
To learn how AIPRIVSEC can help you achieve a best practice approach to AI development or to gain access to our white paper click here.
AI Deployment
If you deploy AI, especially that which processes large volumes of data or sensitive kinds of information e.g., biometrics, you will need to meet requirements set by new regulation, even if you didn’t develop the AI system yourself.
To ensure you are compliant you will need to understand your obligations under current and frequently changing data protection, privacy, and AI standards.
As such you should consider before deploying AI in your business:
- Is this system necessary and proportionate for the purpose I wish to use it? Could I achieve my aim without using AI?
- Do I have a justificatory basis for processing information on this scale/or of this type?
- What Data Protection standards do I have in place to ensure the information collected and processed by my AI is secure?
- What are the rights of the people whose information I’m processing using AI?
- Are there cross border transfers?
- Am I processing sensitive or special category information?
- What was the development standard of the AI developer and is it compliant with relevant laws?
- Am I in compliance with relevant legislation? Does my deployment of AI fit within the law?
AIPRIVSEC can help you answer these questions, achieve best practice for AI deployment and help you navigate the ever-changing regulatory landscape in this area.
Please get in touch if you woud like support in these areas or if you wish to gain access to our white paper on AI regulation – click here.