Why Ethical AI Initiatives Need Help from Corporate Compliance
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- Corporate “ethical AI” programs have proliferated in recent years, but these efforts are struggling to succeed.
- It is time for companies to shift to a regulatory compliance approach to AI, given the flurry of AI-focused regulatory activity over the past two years.
- Ethical AI programs should be incorporated into existing compliance frameworks and should align with actual legal requirements.
- This approach has proven successful in other areas—e.g., to ensure compliance with sanctions, money laundering, foreign bribery, and other laws—and the same will be true of AI.