2024-08-06 One-Minute Post

2024, Aug 06    

California Legislature returns with a push for AI regulation, while Europe’s AI Act enters into force. Financial service providers in Germany receive guidance on AI, and Senator Ted Cruz aims to scale back AI regulation. Meanwhile, candidates and HR leaders increasingly accept AI in hiring, but concerns over fairness and bias in AI recruitment algorithms grow among HR professionals in Singapore. AI ethicists are working to ensure responsible development and deployment of AI systems, mitigating potential biases and ensuring fairness.

Articles we found interesting:

  • 1. AI Regulation Still in the Mix as California Legislature Returns to Session | KQED link Highlight:Privacy and Consumer Protection Committee. She is pushing four AI bills this year, including AB 1836, which would prohibit using “digital replicas …

  • 2. AI and data privacy are difficult to square off, but blockchains might help link Highlight: The AI revolution is in full swing, but we're still in the early innings. As models continue to get better and better, the issue of training and …

  • 3. Austin Health explores how generative AI can revolutionise healthcare service delivery … link Highlight: They are especially concerned with addressing issues such as data privacy, ethical concerns and the need for an evidence base as a foundation for …

  • 4. AI Act, legal framework for Europe designed to support "trustworthy AI", enters into force - htn link Highlight: The European Commission has announced that AI Act, a legal framework seeking to address the risks of AI in Europe, has entered into force.

  • 5. Germany: BaFin publishes guidance for financial service providers on AI - DataGuidance link Highlight: On August 1, 2024, the Federal Financial Supervisory Authority (BaFin) published a guidance for financial service providers regarding artificial …

  • 6. Sen. Ted Cruz takes aim at AI EO; TMF reform gains Senate momentum | The Daily Scoop Podcast link Highlight: Sen. Ted Cruz, R-Texas, has introduced a series of amendments aimed at scaling back the Biden administration's efforts to regulate artificial …

  • 7. Candidates and HR Leaders Increasingly Accept AI in Hiring - HRO Today link Highlight:AI is used in hiring. The responses demonstrate the changing perceptions about the fairness of AI tools, with 64% of candidates saying they are …

  • 8. Concerns over Artificial Intelligence in recruitment grow among HR professionals in Singapore link Highlight:fairness and mitigate bias in AI algorithms. This concern is compounded by the difficulty of integrating AI with existing HR systems and processes …

  • 9. How AI will Change Everyday Life - Open Source For You link Highlight: AI ethicists ensure responsible development and deployment of AI systems, mitigating potential biases and ensuring fairness. Furthermore, AI can …

Updated Everyday by: (Supriti Vijay & Aman Priyanshu)