UK Regulators issue guidance on AI

UK Regulators issue guidance on AI

The Bank of England and Financial Conduct Authority (FCA) have concluded a year-long investigation into the role of data, model risk and governance in the use of AI in financial services.

AI Regulation: Will U.S. and E.U. Approaches Lead to Fairness and Accountability?

Artificial Intelligence technologies hold exciting potential for improving our lives in many ways. At the same time, AI presents many risks, such as bias, discrimination, inequality, privacy violations, and threats to safety. Numerous organizations have published principles for “ethical AI.” There is growing recognition, however, that principles are not enough, and many have begun to call for enforceable laws and regulation. In the United States, the Algorithmic Accountability Act (AAA) was introduced in 2019 and again in February 2022. The AAA would require covered entities to perform impact assessments. In the European Union, a broadly applicable risk-based approach has been proposed, with stringent regulation for high-risk uses and less regulation for minimal-risk systems.

This program explores the U.S. and E.U. approaches, discusses the likely effectiveness of these approaches and their impact on innovation and safety, and whether these approaches will lead to fairness and accountability in the design, development, and use of AI.

This important conversation included Rashan Colbert, Jeanna Matthews, Ben Rossen, and Sandra Wachter in a virtual panel forum moderated by Laura Pedraza-Fariña.

This virtual event was hosted by AI@NU and the Northwestern Law and Technology Initiative.

AIUK: Regulation and AI: The Road Ahead

A panel of UK regulators and public policy researchers discuss the implications of AI for the work of regulatory bodies in the UK, including the use of AI to facilitate the work of regulatory bodies. Topics will include the interplay between cross-sectoral and sector-specific regulatory expectations in relation to AI.

The event took place via an online platform designed to bring a community together. The two interactive stages included panels and presentations from expert UK academics, policy makers, and industry leaders. There will also be roundtable discussions, hands-on ML demonstrations, and lots of opportunities to chat and interact throughout the day.

This event is for everyone operating in the UK AI community, and there was content from technical talks to accessible panel discussions. The themes and content are structured around the national AI research challenges identified by the Turing, the role of AI post-COVID-19 and the important key themes of the UK AI Council’s Roadmap:

Technology against climate change

As the UK takes the 26th UN Climate Change Conference of the Parties (COP26) Presidency in 2021, the AI and data science sector is ramping up its research across environmental sciences and the use of technology to forecast and mitigate against climate change.

Resilience to shocks

Coming out of the COVID-19 pandemic, the UK must be poised to deal with future shocks and crises, from health, to defence and climate. Let’s talk about the different ways AI and data science can help make the UK more resilient.

A new epidemic

Following 12 months of lockdown life, the UK is facing the challenge of a new epidemic. Our panel of mental health and AI experts will talk about the current research and applications of AI and data science, to bolster and improve the mental health provision and services to UK society.

Doing better in data science

In the last 12 months the AI research sector has profoundly woken up to the importance of diversity and inclusion, with the growth of the Black Lives Matter movement, to the Ofqual grading controversy. How can our community continue to do better and ensure AI is for everyone?

Can AI fix it?

In an event co-hosted with Accenture, academics and market-leading companies will brainstorm challenges live, using the knowledge of a business or public sector challenge and turning it into an academic study. Come along and watch the action live and consider submitting your business for a future Data Study Group.

AI for smarter science

We’ll be showcasing multidisciplinary research happening across labs in the UK, from the biosciences, through to chemistry and astrophysics.

Bridging the skills gap

In a recent global index, the UK was ranked third amongst 54 countries for accelerating the development of AI. But how exactly do we work out whether the skills we are cultivating today will be enough to bring the UK to the future we are already committed to?

The UK AI Roadmap

Hear and engage with the UK AI Council as they discuss how can we build public trust in AI, and what is the roadmap to making real actionable impact for the UK’s communities.

AI Regulated by UK’s Government ❗️What Will The Plan Be❓️#AI #UK #regulation

In this video, we dive deep into the UK government’s recent announcement of its plans to regulate artificial intelligence (AI). We’ll discuss the proposed guidelines for “responsible use” of AI and its potential impact on the rapidly growing industry. What does this mean for the future of AI in the UK? How will these regulations affect businesses and everyday users? Join us as we uncover the truth behind the government’s ambitious plan and explore the implications for AI development and innovation. Don’t forget to like, share, and subscribe for more updates on AI regulation and its impact on our society!

UK to adopt ‘light touch’ regulations around AI as concrete legislation currently tricky

The government has published plans for how it wants to regulate AI technology which it says will “turbocharge” the growth of AI in the UK, while countering potential risks of rapidly emerging computer intelligence to society.

#technology #artificialintelligence #skynews

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