…
On Oct. 30, 2023, President Biden issued a wide-ranging executive order (EO) on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.” The stated goal of this order is promoting “responsible innovation, competition, and collaboration that will allow the United States to lead in AI and unlock the technology’s potential to…
On Oct. 30, 2023, President Biden issued a broad executive order designed to manage risks associated with AI. This is a mammoth order, touching nearly every industry and instructing entities (departments, agencies, etc.) across the government to take a range of action. This GT Advisory breaks down how the EO may affect various businesses, including…
On Sept. 19, 2023, the CFPB issued guidance (Guidance) concerning the legal obligations creditors must observe when employing complex algorithms, marketed as artificial intelligence (AI), and other predictive decision-making technologies in their underwriting models.
Several states and local entities have enacted laws or introduced legislation to address the use and/or effects of artificial intelligence in the workplace. The latest and most sweeping is New York City’s recent enactment of Local Law 144 of 2021.
With Congress at the halfway point in its 2023 session it is a good time to review major initiatives that may pass before the end of the year. Here is a quick checklist of significant policy areas that will receive attention in the next six months.
Must Do
…
…