What should you do to prepare to comply with the EU's AI Act?
Create an AI inventory
Identify prohibited practices and high risk AI
Establish your governance process
On building governance, here are some top tips for your toolkit:
Start small but understand what best practice looks like for all stakeholders involve
Establish where key stakeholders will fit in and what information they need—business units, IT development teams, data office, procurement, legal, HR.
Create a…
As the speakers discussed, there are a variety of risks which are associated with, and may differ by, AI use case. Each AI use case and deployment is different. The member firms will need to have governance programs and processes in place to assess each AI use case, determine the attendant risks, and implement oversight processes to mitigate and manage these risks. In addition, in many instances member firms will be leveraging vendors for the development and deployment of this technology.…
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What should you do to prepare to comply with the EU's AI Act?
Create an AI inventory Identify prohibited practices and high risk AI Establish your governance processOn building governance, here are some top tips for your toolkit:
Start small but understand what best practice looks like for all stakeholders involve Establish where key stakeholders will fit in and what information they need—business units, IT development teams, data office, procurement, legal, HR. Create a…As the speakers discussed, there are a variety of risks which are associated with, and may differ by, AI use case. Each AI use case and deployment is different. The member firms will need to have governance programs and processes in place to assess each AI use case, determine the attendant risks, and implement oversight processes to mitigate and manage these risks. In addition, in many instances member firms will be leveraging vendors for the development and deployment of this technology.…