Our three previous articles in this series on the future of AI regulation have discussed the RFI on AI issued by U.S. banking regulators, the draft EU AI regulation, and the FTC’s recent guidance on AI bias and fairness. In this fourth post, we have taken those important developments in AI regulation, along with some other recently issued guidance, and…

In our first post in this series on the future of AI regulation, we discussed the recent request for information (“RFI”) from U.S. federal banking regulators on the use of AI. Our second post addressed the European Commission’s draft AI legislation. In this third installment, we discuss the Federal Trade Commission’s (“FTC”) recent blog post entitled “Aiming for truth, fairness,…

On Monday, May 3, 2021, Anna Gressel and Avi Gesser from our Data Strategy and Security Group, had an interesting discussion with Stephen McDougall, Chief Counsel for Data and Privacy Law at Prudential Financial, on the Future of AI Regulation. During the webcast, we discussed several recent regulatory developments, including the European Commission’s Draft AI Regulation, the U.S. banking regulators’…

In this Part 2 of our series on the future of artificial intelligence (“AI”) regulation, we examine the draft EU legislation. Part 1 of the series (on U.S. banking regulators’ RFI) can be found here. Upcoming parts of this series will cover the recent FTC pronouncement on AI, as well as steps companies can take now to prepare their AI…

Several recent developments provide new insight into the future of artificial intelligence (“AI”) regulation. First, on March 29, 2021, five U.S. federal regulators published a request for information (“RFI”) seeking comments on the use of AI by financial institutions. Second, on April 19, the FTC issued a document entitled “Aiming for truth, fairness, and equity in your company’s use of…