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How Europe is leading the world in the push to regulate AI

How Europe is leading the world in the push to regulate AI

by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
Govt will regulate AI, other tech from perspective of harm it can inflict on users: MoS IT

Govt will regulate AI, other tech from perspective of harm it can inflict on users: MoS IT

by AIP Online Bureau | Jun 9, 2023 | Eco/Invest/Demography, Indian News, Technology

”Our approach towards AI or any regulation is that we will regulate it through the prism of user harm. This is a new philosophy, which has started since 2014 that we will protect digital nagriks. We will not allow platforms harming digital nagriks. If they...
MS Amlin launches new AI-powered claims triage process to support operational transformation

MS Amlin launches new AI-powered claims triage process to support operational transformation

by AIP Online Bureau | Jun 8, 2023 | International News, Non-Life, Reinsurance, Technology

The new state-of-the art-triage process embeds an artificial intelligence (AI) model, which assesses and assigns claims based on certain criteria and proprietary scoring algorithms, into MS Amlin’s claims workflow LONDON: MS Amlin, the Lloyd’s global (re)insurer,...

AI outperforms standard risk model for predicting breast cancer: Study

by AIP Online Bureau | Jun 8, 2023 | Facts, Health, Technology

”Recent advances in AI deep learning provide us with the ability to extract hundreds to thousands of additional mammographic features,” A. Arasu, from Kaiser Permanente Northern California, US said in a statement Artificial intelligence (AI) algorithms...

UK PM Rishi Sunak plans to set up global AI watchdog in London: Report

by AIP Online Bureau | Jun 3, 2023 | International News, Regulation, Technology, Workplace/Employee Benefits

Among the ideas under consideration in Downing Street is setting up a global AI authority in London, modelled on the Vienna-based International Atomic Energy Agency (IAEA) London: British Prime Minister Rishi Sunak is considering a London-based global artificial...
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