Local Government Management Association (LGMA)’s Post

AI is here to stay! No two thoughts about it! It is fast changing the way we live, work, and interact with the world! While no one can deny the potential benefits to the society that AI offers - improving cancer detection, tackling climate change, accelerating scientific discoveries and much more- there is lots that we don’t understand / know. Certain AI models pose “high risk” which could be used for malicious purposes. EU’s #AI Act- first of its kind in the world- is an effort to ensure human-centric, safe, trustworthy, and ethical use of #AI🌐 and is expected to shape the future of AI regulation and governance. What are Prohibited AI practices under the new act? AI systems such as, for example, cognitive behavioural manipulation and social scoring will be banned from the EU because their risk is deemed unacceptable. The law also prohibits the use of AI for predictive policing based on profiling and systems that use biometric data to categorise people according to specific categories such as race, religion, or sexual orientation. Waiting to see how it evolves! Do check it out 👇 https://lnkd.in/d3933wu8

UN Adopts First Global Artificial Intelligence Resolution TechShots I Adding Intelligence to Enterprise Information Technology Buying #global #artificial #resolution https://lnkd.in/guFrP4S6

EU Artificial Intelligence Act. Wow ‘AI system’ means a machine-based system that is designed to operate with varying levels of autonomy and that may exhibit adaptiveness after deployment, and that, for explicit or implicit objectives, infers, from the input it receives, how to generate outputs such as predictions, content, recommendations, or decisions that can influence physical or virtual environments; https://lnkd.in/gqN2F8ws

History is watching the release of the White House’s much-anticipated policy governing the acquisition, management, and use of ‘artificial intelligence’ technology. This disruptive technology, created by the ingenuity and innovative dynamism of America’s entrepreneurial spirit, heralds opportunities for good and evil as vast as the landmark human genome project. The governance policy is distinctly American in seeking to protect and preserve the rights of its citizens as memorialized in America’s founding documents. Like those founding documents, it provides an actionable governance frame for striking a flexible balance between capitalizing on the opportunities and managing the risks to our national and economic security. May it prove to be dynamically adaptive to the future evolution of society and the timeless aspirations of America’s founders.

On Wednesday, Parliament approved the Artificial Intelligence Act that ensures safety and compliance with fundamental rights, while boosting innovation. The law needs to be formally endorsed by the Council. It will enter into force twenty days after its publication in the official Journal, and be fully applicable 24 months after its entry into force, except for: bans on prohibited practises, which will apply six months after the entry into force date; codes of practise (nine months after entry into force); general-purpose AI rules including governance (12 months after entry into force); and obligations for high-risk systems (36 months).

The OMB released a memorandum today that has some interesting recommendations for Federal procurement of AI. Starting on page 24, the memo addresses "Managing Risks in Federal Procurement of Artificial Intelligence." The recommendations include taking steps to avoid improper entrenchment of incumbents and to ensure contracts "retain for the Government sufficient rights to data and any improvements to that data so as to avoid vendor lock-in." Will certainly be interesting to see how these recommendations are implemented and the protests that are surely to come!

Senators look to mitigate risks in AI procurement Sens. Gary Peters and Thom Tilis introduced new legislation that would codify safety measures in government contracts for artificial intelligence products and services. Reference : https://lnkd.in/gX6SzkTs #AIprocurement #AIlegislation #GovernmentAI #AIproducts #AIpolicy #AIsecurity #AIcontracts #SenatorsGaryPeters #SenatorsThomTilis #TechPolicy

As of today, August 1, 2024, the EU Artificial Intelligence Act is now in effect, introducing significant compliance challenges for financial services organizations. To ensure adherence and to prepare for upcoming regulations, it is essential to adopt a data-driven approach, enhance automation efforts, and create specialized AI governance positions. Visit https://okt.to/yiaDNF to learn how to effectively manage the governance priorities set forth by the new Act. Access our paper for critical insights. #AIRegulation #ArtificialIntelligence #Governance

In June 2023, the U.S. National Archives and Records Administration (NARA) released GRS Transmittal 34, which introduced a new schedule called GRS 4.5 Digitizing Records. This schedule specifically addresses the handling of digitized source records, previously covered under GRS 5.2 Transitory and Intermediary Records. #regulatory #compliance #AI

The time to have your say about issues impacting your business, how technologies such as AI are being utilised and what guidance is required is coming to an end. The QLS Business of law, technology and AI survey closes on 19 April. This is your last chance to have your say. Take the survey now! https://lnkd.in/g8qZUHmq