Lawmakers from various regions across the United States are taking the reins in significant legislative drives to oversee the use of AI technology.

According to reports, Texas, Connecticut and Colorado are among states committing to tackling inherent bias within AI at a regulatory level, with measures designed to address issues across housing, healthcare and other key sectors in American society.

The drive hinges on a desire for enhanced accountability and transparency concerning how AI technologies shape individual citizens’ lives. Connecticut and Colorado are two states in which companies would be obliged to conduct and unveil “impact assessments” of their AI frameworks.

These evaluations would provide better understanding of the potential for bias within AI decision-making pathways, break down harvested date, AI’s role in decision-making, and the steps taken to offset risk of bias.

Despite their altruistic motives, these proposed measures have sparked a clash between civil rights factions pushing for increased supervision and industry players cautious of operational constraints and legal weak points.

The primary issue centres upon the processes that determine and guarantee accountability. While the new laws would hold companies more liable by obliging them to report any identified bias to the attorney general, detractors say that the self-reporting method could dilute the regulation’s strength, enabling discriminatory practices to continue.

David Edmonson, speaking on behalf of pro-tech group, TechNet, has advocated a measured approach to AI regulation that addresses risks while fostering innovation. However, concerns voiced by labour unions and consumer representatives highlight fears of companies taking advantage of legal loopholes, in moves that would eventually be damaging to workers and consumers.

The conversation drifts into the topic of legal recourse for victims of AI bias, with current proposals mainly limiting the ability to file lawsuits to state attorney generals, thus reducing individual citizens’ access to justice.

Underlining the pioneering nature of the policy efforts, Colorado’s Democratic Senate Majority Leader Robert Rodriguez, said:

“Every bill we run is going to end the world as we know it. That’s a common thread you hear when you run policies. We’re here with a policy that’s not been done anywhere to the extent that we’ve done it, and it’s a glass ceiling we’re breaking trying to do good policy.”

Know the risks

As deliberations continue, the outcomes of these legislative drives are poised to establish crucial precedents for the future of AI regulation, the end goal being to strike a balance between technological advancement and the protection of civil rights, ensuring fair treatment for all.

The issues fall into focus next month at PrivSec & GRC Connect Atlanta, where industry experts will discuss AI regulation and the challenges organisations face as they move to use emerging technologies ethically and compliantly.

Not to be missed at PrivSec & GRC Connect Atlanta:

The State Of Global Privacy Laws: Key Updates

  • Date: Wednesday 22 May, 2024
  • Time: 1:15-2:00pm CST

The landscape of privacy laws is in a constant state of flux, shaped by technological advancements, evolving societal norms and legal developments.

As the digital realm transcends geographical boundaries, a panel explores the interconnected nature of privacy regulations, emphasizing the need for a harmonized approach to data protection.

From the European Union’s General Data Protection Regulation (GDPR) to California’s Consumer Privacy Act (CCPA) and emerging frameworks in Asia and beyond, the discussion sheds light on the diverse regulatory frameworks shaping the global privacy landscape.

AI Regulation: What Businesses Need to Know in 2024

  • Date: Wednesday 22 May, 2024
  • Time: 15:00-15:45pm CST

This discussion convenes experts at the intersection of artificial intelligence (AI) and regulatory compliance to provide insights into the evolving landscape of AI governance. Against the backdrop of rapid technological advancements and increasing public scrutiny, the panel will delve into crucial topics such as emerging regulatory frameworks, ethical considerations, data privacy concerns and the impact of AI on various industries.

Attendees will gain a comprehensive understanding of the regulatory landscape surrounding AI in 2024, enabling businesses to navigate compliance challenges effectively while harnessing the transformative potential of AI responsibly and ethically.

Speakers:

  • Awais Bajwa, Founder, CEO & Chief Technology Officer, Ophthalytics Inc

Discover more at PrivSec & GRC Connect Atlanta

PrivSec & GRC Connect Atlanta will be a gathering of the most influential GRC, data protection, privacy and security professionals, to present, debate, learn and exchange ideas.

  • Thought leaders, industry experts, and senior professionals from high-profile companies sharing their knowledge, case studies, and real-world experience
  • Actionable insights and strategies to help you elevate your GRC expertise
  • Valuable networking opportunities to connect with peers and expand your professional network
  • Unlock your full potential in GRC! 

PrivSec & GRC Connect Atlanta takes you to the edge of the debate, uniting the most influential GRC, Data Protection, Privacy and Security professionals, to present, debate, learn and exchange ideas. 

This dynamic and content-rich experience takes place at the Atlanta Convention Centre over May 22 and 23.

Click here to register for free to PrivSec & GRC Connect Atlanta

Atlanta