- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-09-14T18:55:00
Federal lawmakers shined a spotlight on artificial intelligence (AI) this week, raising the possibility that Congress will—eventually—legislate some controls on the burgeoning technology.
The rapid integration of AI into most sectors of the economy and life in general, including education and social media, has sparked high concern among many. The wide popularity of Open AI’s generative AI chatbot ChatGPT, launched 10 months ago, has escalated calls globally to place controls on that specific technology and others like it.
The European Union is set to finalize by the end of this year its AI regulation, which is based on the potential risks posed.
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It’s all hands on deck at the White House to put into motion the dozens of directives in President Joe Biden’s executive order on artificial intelligence, according to Nik Marda, chief of staff for the Technology Division in the Office of Science and Technology Policy.
Companies need to be aware of the legal risks and liabilities associated with their use of AI-based technologies, as technology firms are not the only ones in regulators’ sights, a panel of experts discussed at Compliance Week’s Europe conference in London.
The new artificial intelligence framework released by the National Institute of Standards and Technology is not a checklist for AI but might help organizations better manage the risks associated with the technology.
Mobile health applications and similar technologies must notify customers following a data breach or risk violating the Federal Trade Commission’s health breach notification rule.
Kristin Johnson of the Commodity Futures Trading Commission called for the agency to launch initiatives addressing the use—and misuse—of artificial intelligence tools in commodities markets.
Tens of millions of noncompete clauses included in employee contracts nationwide will be null and void by about Labor Day under a final rule issued by the Federal Trade Commission.
