In a time marked by unprecedented advancements in artificial intelligence (AI), organisations are increasingly harnessing its power into their operations to drive innovation and gain competitive advantages. At the same time, the responsible use of AI is essential to ensuring that its obvious benefits do not come at the expense of fairness, privacy or collective well-being, and ensuring that regulatory requirements are met.
This panel will explore the role of governance (regulatory challenges and creation of acceptable use policies) in guiding organisations’ AI strategies, promoting fair AI practices and mitigating potential regulatory risks and challenges. The panel will also address some of the different approaches to regulation being adopted internationally.
Discussion areas will include:
• Regulations governing AI: challenges that businesses may face with assessing and complying with regulatory frameworks around their use of AI programs.
• Ethical, practical and legal considerations on AI use in organisations: algorithm bias, privacy, confidentiality, impact on employment and how to address these challenges through an acceptable use policy (AUP).
• The importance of employee training in promoting responsible AI use and putting into practice an AUP.
• AI risk assessments.
• Intellectual property (IP) in generative AI.