Loading...
Skip to main content

This Senate Bill Would Force Companies To Audit AI Used for Housing and Loans

FEB 08, 2022 | US

This Senate Bill Would Force Companies To Audit AI Used for Housing and Loans

Protocol, February 8, 2022

By Kate Kaye

Legislation introduced last week would require companies to assess the impact of AI and automated systems they use to make decisions affecting people’s employment, finances, housing and more.

The Algorithmic Accountability Act of 2022, sponsored by Oregon Democratic Sen. Ron Wyden, would give the FTC more tech staff to oversee enforcement and let the agency publish information about the algorithmic tech that companies use. In fact, it follows an approach to AI accountability and transparency already promoted by key advisers inside the FTC.

A statement about the bill from software industry group BSA The Software Alliance indicated the risk factor associated with algorithmic systems could be a sticking point. “We look forward to working with the sponsors and committees of jurisdiction to improve on the legislation to ensure that any new law clearly targets high risk systems and sensibly allocates responsibilities between organizations that develop and deploy them,” wrote Craig Albright, vice president of Legislative Strategy at the trade group.

Read More >>

Original Posting: https://www.protocol.com/enterprise/revised-algorithmic-accountability-bill-ai

ACERCA DE BSA

BSA | The Software Alliance (www.bsa.org) es el principal defensor de la industria global del software ante los gobiernos y en el mercado internacional. Sus miembros se encuentran entre las compañías más innovadoras del mundo, creando soluciones de software que impulsan la economía y mejoran la vida moderna.

Con sede central en Washington, DC y operaciones en más de 30 países, BSA es pionera en programas de cumplimiento normativo diseñados para fomentar el uso legal de software, y apoya políticas públicas que incentivan la innovación tecnológica e impulsan el crecimiento de la economía digital.

CONTACTOS DE MEDIOS

Michael O’Brien

Correo electrónico: MichaelO@bsa.org

For Media Inquiries

Correo electrónico: media@bsa.org

CONTACTOS DE MEDIOS

Media Inquiries

Correo electrónico: media@bsa.org

CONTACTOS DE MEDIOS

Christine Lynch

Correo electrónico: christinel@bsa.org

CONTACTO DE PRENSA

Media Inquiries

Correo electrónico: media@bsa.org