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.
SOBRE A BSA
A BSA | The Software Alliance (www.bsa.org) é a principal defensora do setor global de software perante governos e no mercado internacional. Seus membros estão entre as empresas mais inovadoras do mundo, criando soluções de software que estimulam a economia e melhoram a vida moderna.
Com sede em Washington, DC e operações em mais de 30 países, a BSA promove programas de conformidade que promovem o uso legal de software e defendem políticas públicas que promovem a inovação tecnológica e o crescimento da economia digital.