FairNow’s Post

77% of “The State of GenAI Today” survey respondents reported that regulatory compliance and ethical guidelines surrounding GenAI in their organizations are vague or unclear. Has your organization established clear and comprehensive regulatory frameworks for GenAI to ensure ethical alignment and compliance? Read the full survey report now: https://lnkd.in/dpQnS7Dp CDO Magazine | Guidehouse Technology Solutions | #GenerativeAI #GenAI #ArtificalIntelligence #DataAnalytics #MachineLearning

🔍 Understanding the EU AI Act: The Importance of Fundamental Rights Impact Assessments (FRIA) 🔍 What is a FRIA? A FRIA is essential for ensuring that AI systems uphold fundamental rights such as human dignity and non-discrimination. Before deploying high-risk AI systems, organizations must assess potential impacts on individual rights and implement measures to mitigate any identified risks. Key Points to Consider: 1. Scope: The FRIA applies to public bodies and private entities providing public services, particularly for high-risk AI systems related to critical infrastructure, creditworthiness, and insurance. 2. Process: Conduct a FRIA before the AI system's first use, update it regularly, and document the process. If both a FRIA and a Data Protection Impact Assessment (DPIA) are required, they can be combined. 3. Notification: Results must be reported to market surveillance authorities using a designated template. Why It Matters: FRIAs help organizations proactively address fundamental rights concerns, especially in sensitive sectors like healthcare, finance, and insurance. They reflect the growing need for rigorous assessments of both privacy and broader human rights impacts. #AI #EUAIAct #FRIA #DataProtection #Compliance #Regulation #AIethics

The EU AI Act is here, and it’s time for businesses to think about governance seriously…. I had the absolute pleasure to speak with Charlene B. Flick, Esq., a leading Global AI Regulatory Attorney and former Special Advisor for Intellectual Property with the U.S. Department of State to discuss all things governance. Charlene is one of our Subject Matter Experts for Boston Quantara, so her expertise is available for all of our clients to take advantage of when working with us. Even though you’ve still got a bit of time before compliance with EU AI ACT becomes mandatory, Charlene’s advice is to get prepped now to give yourself a major advantage... So get familiar with the different levels of risk of your AI and don’t wait to get your audit process and governance professionals into place. #EUAIAct #AICompliance #ResponsibleAI Damian Speirs is the Director of Boston Quantara, a specialist AI/IA talent consultancy, with a unique three step approach to optimizing success in engineering and governance roles. Connect with our team to find out how we’re breaking the mold.

With #GenAI integrated in virtually every communication platform, this is not a matter of “could”. Some good governance tips below.

Join MetaRouter's Neill Brookman and our guest, Forrester's Enza Iannopollo to unpack Forrester's 2025 Predictions: The Rising Risk of AI Regulation. You can join here on LI, YouTube or register here: https://lnkd.in/enhCygxk #liveevent #AI #CustomerData #Compliance #25Predictions

The transformative touch of AI is felt by the world’s most impactful industries. ⚡️ Join Trust in SODA and Trinnovo Group | B Corp™ in Zurich on July 23rd for, 'Mind the Machine: AI Ethics in Regulated Services' where we’ll bring you a discussion on ethics, innovation, and AI in a tech-enabled future. With support from our panel of industry-leading voices, we’ll explore: 🤝 Trust and Transparency in AI models ⚡️ AI’s impact on the future of work 🤖 Can machines be ethical? 💬 Regulatory complexity at the edge of discovery 🌎 The democratisation of AI Our confirmed panel (so far!) will include: Anthony Kelly – Host, Chair and Co-Founder of DeepRec.ai at Trinnovo Group Torsten Boettjer – Chief Cloud & Infrastructure Officer at Avaloq Michael Ivertowski – Director, Europe West Technology & Infrastructure Lead at EY Matthias Greiller, Advanced CAMS-Risk Mgmt./CGSS/CFCS/CCI – Independent Senior Advisor at AML Ana-Maria Manda - Innovation Leader @ SAP Whether you’re working in energy, pharmaceuticals, telecoms, or any industry feeling the brunt of today’s AI transformation, we would love to see you there. RSVP to save your space today: https://lnkd.in/etJejZ3A #MindTheMachine #AIEthics #ZurichEvent

Join Cognizant on stage at the Reuters Events: Future of Insurance Canada 2024 in Toronto on Thursday December 12th at 11:35am. We will be moderating a panel with Insurance leaders on the topic of "Generative AI: Move from Untapped Potential to Tangible Business Impact". In this session, we will be exploring insurance-specific use cases of GenAI, how the insurance industry is addressing data privacy, governance, responsible use of AI and the industry's approach to implementation. Learn more: https://cogniz.at/4gvLgDC #FOICanada #GenAI #InsuranceInnovation #CognizantCanada

Forrester's 2025 Predictions: The Rising Risk of AI Regulation  In its report, Predictions 2025: Trust, Forrester predicts a 21% surge in genAI-related regulatory investigations and litigations in the next year. Enforcement actions, like those tied to the EU AI Act or FTC probes into major players, are set to erode trust across entire ecosystems. Companies overly reliant on third parties for data collection and tracking are especially vulnerable. At MetaRouter, we help businesses eliminate their reliance on third-party solutions, ensuring they retain full ownership and control over their customer data. By enabling server-side data collection on private infrastructure, MetaRouter ensures your data remains secure, compliant, and unaffected by third-party risks. As the regulatory landscape tightens, trust, transparency, and compliance will define competitive advantage for enterprises. Want to learn more? 👀  Join our webinar on December 17 to hear our guest speaker Principal Forrester Analyst, Enza Iannopollo, dive into Forrester’s predictions live! 🔗 Register Now: https://lnkd.in/gpyiWbJj #ForresterPredictions #DataPrivacy #AICompliance #Trust

We've been saying this at MetaRouter since Day 1! 👏 A recent 2024 Prevalent - Third-Party Risk Management revealed that 61% of companies have experienced third-party data breaches over the past year—a 49% increase from 2023 and three times higher than in 2021. So my suggestion for 2025 a new year's resolution: eliminate your reliance on third-parties for customer data collection, tracking, and integration 🙏 Next week, Neill Brookman will be speaking with expert analyst from Forrester, Enza Iannopollo on this exact topic! Register here: https://lnkd.in/gpyiWbJj

I spent much of this week discussing tech, specifically AI, at The Age of AI Pharma event and Collision Conf. I came away excited and optimistic, but also with many questions and concerns about regulation, such as privacy, antitrust, data security, and transparency. It’s clear that tech companies will always prioritize profit for their owners and shareholders. And if you ever had any doubts, OpenAI CEO Sam Altman told some shareholders this week what we knew was coming: the company is considering changing its governance structure to a for-profit business that the firm's nonprofit board doesn't control. Quite a revelation! So our hope for establishing regulatory guardrails lies with government, but according to the 2024 Edelman Trust Barometer, most of us don’t have much confidence in it. This skepticism is validated by the numerous instances big tech has been summoned before Congress in the US (a performative circus), contrasted with minimal, if any, legislative outcomes. So, the question remains: Are we intelligent enough to manage the intelligence we create? 🧠 #AI #TechRegulation #Privacy #Antitrust #AgeofAI #CollisionConf #FutureOfAI #EdelmanTrustInstitute