Subscribe for future emails here! Mini Briefs A new bill would force companies to check their algorithms for bias US lawmakers have proposed the Algorithmic Accountability Act, which, if passed, would ask the Federal Trade Commission to assess whether AI algorithms and their training data are biased or discriminatory, and whether they pose privacy or security risk to consumers. This is in the same spirit as the EU guidelines on AI we covered last week, but more focused and concrete. To address the potential anti-competitiveness complying with such regulations may introduce, the bill would only apply to “companies that make over $50 million a year, hold information on at least 1 million people, or primarily act as data brokers that buy and sell data.”
Last Week in AI News #18
Last Week in AI News #18
Last Week in AI News #18
Subscribe for future emails here! Mini Briefs A new bill would force companies to check their algorithms for bias US lawmakers have proposed the Algorithmic Accountability Act, which, if passed, would ask the Federal Trade Commission to assess whether AI algorithms and their training data are biased or discriminatory, and whether they pose privacy or security risk to consumers. This is in the same spirit as the EU guidelines on AI we covered last week, but more focused and concrete. To address the potential anti-competitiveness complying with such regulations may introduce, the bill would only apply to “companies that make over $50 million a year, hold information on at least 1 million people, or primarily act as data brokers that buy and sell data.”