In this contributed article, Dr. Anna Becker, CEO and cofounder of Endotech.io, discusses explains why President Biden’s recent executive order and approach to regulating Artificial Intelligence puts American innovation at risk, by likely favoring the views and interests of large established tech companies rather than startups.
Regulate the Use Cases—Not AI Itself
In this contributed article, CF Su, VP of ML, Hyperscience, agrees that regulation is needed, but as opposed to sweeping oversight, he supports regulating specific uses of AI, such as licensing the business applications of AI models rather than requiring licenses for creating them. This targeted, tactical government oversight will close the trust gap between the public and AI, which is his #1 concern currently facing the technology’s adoption.
insideAI News Guide to Big Data for Finance
The goal for this insideAI News technology guide, sponsored by Dell Technologies, is to provide direction for enterprise thought leaders on ways of leveraging big `data technologies in support of analytics proficiencies designed to work more independently and effectively across a few distinct areas in today’s financial service institutions (FSI) climate: (i) Retail Banking; (ii) Regulatory and Compliance, (iii) Algorithmic Trading; and (iv) Security Considerations.