Today's newsletter has our observations on the new NAIC model bulletin, a new podcast and our latest post on data management's role in AI and ML model systems!
Monitaur has been a close partner and contributor to the NAIC and their AI strategy development since 2020. Getting this draft out is the result of years of research, collaboration with industry, surveys, and public engagement.
Overall, this first draft provides a very strong balance of innovation support, consumer protection, and industry appropriateness
At the highest level, the draft of regulatory expectations is closely aligned with fundamental best practices of robust, accurate, transparent, and fair model development. With a glass-half-full perspective, regulators are giving model development executives support for investments in tools and solutions that help their teams to more reliably deliver better models and in turn, align with regulatory teams.
Episode 3: The AI Fundamentalists Podcast:Listen to the latest episode from the AI Fundamentalists Podcast: Why data matters | The right data for the right objective with AI
Get ready because we're bringing stats back! An AI model can only learn from the data it has seen. And business problems can’t be solved without the right data. The Fundamentalists break down the basics of data from collection to regulation to bias to quality in AI.
Machine learning, and lately generative AI models, are the next frontier of model systems development for businesses. The successful and safe implementation of these model systems depends on the selection, governance, and quality of the data used to train them.
This post illustrates the importance and process of establishing data governance and data quality prior to building model systems, AI or otherwise, and talks about how these practices set the foundation for higher-quality model systems in high-risk scenarios and regulated industries.
The New York City Department of Consumer and Worker Protection (the “DCWP”) has adopted final rules regulating the use of artificial intelligence for hiring practices. This article discusses the current state of the AEDT Law and highlights how the final changes impact employers’ compliance obligations.
OpenAI, best known for its ChatGPT AI assistant, has come under scrutiny by the US Federal Trade Commission (FTC) over allegations that it violated consumer protection laws, potentially putting personal data and reputations at risk, according to The Washington Post and Reuters.
Google's updated privacy policy allows the company to scrape public data to improve its AI models. The updated policy marks a clear shift from Google’s previous terms of service.
If you feed America's most important legal document—the US Constitution—into a tool designed to detect text written by AI models like ChatGPT, it will tell you that the document was almost certainly written by AI. But unless James Madison was a time traveler, that can't be the case. Why do AI writing detection tools give false positives? We spoke to several experts—and the creator of AI writing detector GPTZero—to find out.
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