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EU AI Act - Are We There Yet???

$800 + Value: IAPP's AI Governance Course Notes

What up AI homies?! Welcome to your dose of AI legal news. I’m keeping it light this time around because “ain’t nobody got time for…” writing a whole newsletter when you’re lawyering full time. 🙄⚖️🤖

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$800+ Worth of AI Governance Notes PLUS: IAPP’s AI Governance Course Notes

Moving on to Module 4 of the IAPP’s AI Governance course (notes). Alrighty, it’s time to geek out and keep learning about AI Governance!!! 🤓📚

Module 4: Interoperability of AI Risk Management

Introduction

  • Importance of reviewing and harmonizing existing risk management with new AI risk strategies.

  • Understanding existing programs and their objectives.

  • Creating new processes for unique AI risks and ensuring efficiency and protection.

Security Risk

  • Risks include hallucinations, deepfakes, training data poisoning, data leakage, and filter bubbles.

  • Organizations respond by banning or limiting AI use.

  • AI algorithms can concentrate power, leading to overreliance and security holes.

  • Risks of adversarial machine learning attacks.

  • Misuse of AI and transfer learning attacks.

  • Storing training data in less secure environments.

Operational Risk

  • High costs in hardware and environmental impact.

  • Data corruption and poisoning risks.

  • Need for good identity and access management.

Privacy Risk

  • Data persistence, repurposing, spillover, and collection from AI.

  • Challenges in informed consent and opting out.

  • Limiting data collection and deletion complexities.

  • Compliance with laws and regulations.

  • Liability, intellectual property, human rights, and reputational risks.

  • Importance of aligning different risk management strategies to prevent gaps.

Privacy Harms

  • Categories include physical, reputational, relationship, economic, discrimination, psychological, and autonomy harms.

  • Use of AI in autonomous weapons, healthcare decisions, and labor displacement.

  • Effects on justice system and accountability.

Summary

  • Balancing AI benefits with potential harms.

  • Evolving risk management strategies to include AI.

  • Regular assessment of vulnerabilities and potential harms.

Module 4: Principles of AI Risk Management

Introduction

  • Incorporating risk management and AI governance principles.

  • Understanding stakeholders, AI programs, and associated risks.

Principles

  • Pro-Innovation Mindset: Preparedness for changes and alignment with principles.

  • Risk-Centric Governance: Considering risk factors in governance.

  • Consensus-Driven Planning and Design: Involving all stakeholders and ensuring understanding of needs vs. risks.

  • Outcome-Focused Team: Clarity on desired outcomes and exploring better achievement methods.

  • Non-Prescriptive Approach: Context-specific risk approaches for adjustment and evolution.

  • Law-, Industry-, and Technology-Agnostic Framework: Interoperability and flexibility without bias.

  • Third-Party Risk Management: Ensuring end-to-end accountability.

Risk Management

  • Treating risks case-by-case.

  • Involving business and technical stakeholders.

  • Enumerating potential harms and assessing data used in AI.

  • Technical tools to assess AI for bias and risks.

  • Categorizing AI risks according to the EU model.

Summary

  • Regular risk assessments in the context of regulatory requirements, risk tolerance, and industry standards.

Module 4: Establishing AI Governance and Strategy

Introduction

  • Understanding the organizational operations and incentive structures.

  • Tailoring AI governance to the organization's type.

AI Governance Stakeholders

  • Identifying key stakeholders and their roles.

  • Engaging leadership for AI governance support.

  • Addressing pressures on tech teams and influencing behavioral change.

AI Governance Structure

  • Leveraging existing structures and ensuring company-wide buy-in.

  • Transparency about the state of AI governance maturity.

  • Defining roles and responsibilities clearly.

  • Incentivizing effective and safe AI products.

  • Engaging HR for role identification and success measures.

Summary

  • Building AI governance starts with understanding organizational structure and culture.

  • Engaging stakeholders early and fostering a culture of responsible AI.

  • Iterating the governance program from conception to completion, with clear roles and incentives.

That’s all for today!

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