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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-26T18:28:00
Officials at four U.S. agencies warned Tuesday they are prepared to act against bias or discrimination that involves artificial intelligence (AI).
A joint statement issued by Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB); Kristen Clarke, assistant attorney general for the Justice Department’s Civil Rights Division; Charlotte Burrows, chair of the Equal Employment Opportunity Commission; and Lina Khan, chair of the Federal Trade Commission (FTC), said existing laws against discrimination apply to the use of automated systems, including AI.
By issuing the statement, the agencies reiterated their commitment to monitor AI and promote responsible innovation.
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News and analysis for the well-informed compliance or audit exec.
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2023-04-18T20:09:00Z By Adrianne Appel
The European Union’s draft law to regulate artificial intelligence must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter.
2023-02-28T20:35:00Z By Adrianne Appel
The Federal Trade Commission is keeping close watch on companies that use the term “artificial intelligence” when marketing their products.
2022-10-17T15:18:00Z By Neil Hodge
The EU’s agency for occupational safety and health released a report examining the risks and opportunities of AI-based worker management systems for employee’s physical and mental wellbeing.
2024-07-26T19:18:00Z By Jeff Dale
RTX Corp., the parent company of Raytheon, disclosed in a public filing it has reserved $1.24 billion to resolve legacy legal matters with the Department of Justice, Securities and Exchange Commission, and Department of State.
2024-07-26T15:51:00Z By Aaron Nicodemus
The U.K. Financial Conduct Authority issued a fine of $4.5 million (3.5 million pounds) against a U.K.-based subsidiary of crypto platform Coinbase for providing services to high-risk customers in violation of FCA rules.
2024-07-26T13:36:00Z By Adrianne Appel
Admera Health agreed to pay more than $5.5 million to resolve allegations first brought by two whistleblowers that it paid kickbacks to third-party contractors, the Department of Justice said.
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