OCT 14, 2021 | US
US House Mulls Ethical AI Frameworks for Financial Sector
Government Technology, October 14, 2021
By Jule Pattison-Gordon
The US House Committee on Financial Services held a hearing Wednesday to examine the risks of harmful artificial intelligence application in the financial services space and examine what regulatory frameworks could keep AI from perpetuating existing discriminatory trends or introducing new ones. The technology is already actively at play in the industry, and questions remain over how government can best ensure its safe, ethical use.
Aaron Cooper, vice president for global policy at industry advocacy group BSA — also known as The Software Alliance, said companies need to examine AI for potential unexpected consequences and discriminatory effects at various points throughout the design and deployment process. That includes clearly laying out what the AI is expected to do, what data it will consider and what historical biases may be present in the data sets, as well as how the model was tested.
Original Posting: https://www.govtech.com/computing/u-s-house-mulls-ethical-ai-frameworks-for-financial-sector
ÜBER BSA
BSA | The Software Alliance (www.bsa.org) ist die globale Stimme der Software-Industrie gegenüber Politik und Wirtschaft. Die Mitglieder der BSA gehören zu den innovativsten Unternehmen weltweit und erarbeiten neue Software-Lösungen, die die Wirtschaft antreiben und das moderne Leben von heute prägen.
Die BSA mit Hauptsitz in Washington, D.C., und Niederlassungen in über 30 Ländern weltweit leistet Pionierarbeit in der Schaffung von Programmen zur Einhaltung und Durchsetzung geistiger Eigentumsrechte und der Einführung von Richtlinien, auf deren Basis technologische Innovationen und die digitale Wirtschaft gefördert werden.