In this engaging discussion, Courtney Bowman, the Global Director of Privacy and Civil Liberties at Palantir, sheds light on emerging trends in AI regulation. She provides insights into the EU AI Act, exploring its four risk categories and evolving compliance challenges. The conversation also covers the U.S. regulatory landscape, including the AI Bill of Rights and initiatives from the National Institute of Science and Technology. Finally, they address the complexities of state-level regulations and the implications of California's leading role in AI governance.
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insights INSIGHT
EU AI Act Risk Framework
The EU AI Act categorizes AI into four risk levels with distinct regulatory obligations.
It shifts significant responsibility to AI developers, deployers, and downstream users, especially for high-risk systems.
insights INSIGHT
Evolving AI Risk Perceptions
Early AI risks focused on bias and discrimination but shifted with the rise of generative AI to issues like hallucinations and superintelligence fears.
The regulation acknowledges these evolving risks without fully embracing extreme existential risk concerns.
insights INSIGHT
Real AI Risks: Misinformation & Cyber
The most pressing AI risks involve accelerated misinformation and cybersecurity threats, rather than sci-fi style existential threats.
Generative AI's scale enables rapid disinformation and complex cyberattacks, impacting election integrity and critical infrastructure.
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In 'The Brussels Effect: How the European Union Rules the World', Anu Bradford argues that despite perceptions of decline, the European Union remains a significant global superpower. The EU's ability to set regulations that are adopted globally, a phenomenon known as the 'Brussels effect', allows it to shape policy in various critical areas. The book details how the EU's standards are voluntarily extended by multinational companies to govern their global operations, thereby extending the EU's influence beyond its economic boundaries.
John is joined by Courtney Bowman, the Global Director of Privacy and Civil Liberties at Palantir, one of the foremost companies in the world specializing in software platforms for big data analytics. They discuss the emerging trends in AI regulation. Courtney explains the AI Act recently passed by the EU Parliament, including the four levels of risk it assesses for different AI systems and the different regulatory obligations imposed on each risk level, how the Act treats general purpose AI systems and how the final Act evolved in response to lobbying by emerging European companies in the AI space. They discuss whether the EU AI Act will become the global standard international companies default to because the European market is too large to abandon. Courtney also explains recent federal regulatory developments in the U.S. including the framework for AI put out by the National Institute of Science and Technology, the AI Bill of Rights announced by the White House which calls for voluntary compliance to certain principles by industry and the Executive Order on Safe, Secure and Trustworthy Development and Use of Artificial Intelligence which requires each department of the federal government to develop its own plan for the use and deployment of AI. They also discuss the wide range of state level AI legislative initiatives and the leading role California has played in this process. Finally, they discuss the upcoming issues legislatures will need to address including translating principles like accountability, fairness and transparency into concrete best practices, instituting testing, evaluation and validation methodologies to ensure that AI systems are doing what they're supposed to do in a reliable and trustworthy way, and addressing concerns around maintaining AI systems over time as the data used by the system continuously evolves over time until it no longer accurately represents the world that it was originally designed to represent.
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