2024-10-10 One-Minute Post

AI is driving a surge in cyber insurance claims due to data breaches. HSBC warns of “AI success theater” in finance. The OCC seeks papers on AI’s bias and disparate impacts in banking. Governor Newsom’s veto of SB 1047 for software developers addresses AI bias. The world’s most advanced AI robots get into a quarrel. IBM emphasizes AI compliance for transparency and fairness. NSF CAREER award focuses on centering people while advancing AI. The International Bar Association endorses the first international treaty on AI governance and human rights.

Articles we found interesting:

1. Data and Privacy Breaches Fuel Cyber Insurance Claims Surge link Highlight: Mitigating Data Breach Risks in an AI-Driven Landscape. The widespread adoption of artificial intelligence (AI) across industries is having a …
2. Photo gallery: Compliance Week AI & Compliance Summit | Event link Highlight: … AI, including business adoption standards, ethical guardrails, and … Privacy Policy · Do Not Sell My Info; © 2024 Compliance Week. Connect with …
3. HSBC exec says there's a lot of AI 'success theater' happening in finance - CNBC link Highlight: … AI" than on transformative changes like AI-led customer service. One … California Consumer Privacy Act (CCPA) Opt-Out Icon Your Privacy Choices …
4. OCC seeks papers on the use of artificial intelligence in banking, finance link Highlight: … bias and the disparate impacts from the use of AI and ML in lending; the risk of AI/ML in perpetrating fraud, algorithmic bias, and misinformation …
5. The Pros and Cons of Governor Newsom's Veto of SB 1047 for Software Developers link Highlight: Bias in AI systems has led to real-world harm, from biased hiring … SB 1047 sought to address these issues by requiring developers to assess and …
6. World's most advanced AI robots get into couple's quarrel in bizarre video | AllSides link Highlight: New York Post (News) · AllSides Media Bias Rating: Lean Right. AllSides Media Bias Rating: Lean Right · agree · disagree. 131839/97348. See full bias …
7. AI Compliance: What It Is, Why It Matters and How to Get Started | IBM link Highlight: They are also about building trust with stakeholders and promoting transparency and fairness in decision-making. They are also essential to safety.
8. NSF CAREER award: Centering people while advancing artificial intelligence - Penn State link Highlight: … fairness and human knowledge for factuality. For example, using AI to summarize legal documents improves efficiency for legal practitioners to …
9. International Bar Association endorses first international treaty on AI governance and human rights link Highlight: … Center for AI and Digital Policy (CAIDP). The report highlighted the importance of the legal profession in shaping AI governance to promote fairness …

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