Congress Publishes Report from Bipartisan Task Force on Artificial Intelligence
This report summarizes the findings and recommendations of the Bipartisan House Task Force on Artificial Intelligence regarding government use of AI. The task force examined how federal agencies are currently leveraging AI, the potential benefits and risks, and key considerations for responsible AI adoption in government. Current State of Government AI Use Federal agencies have […]
The Case for a Chief AI Officer: To Hire or Not to Hire?
As companies consider all that is needed to comply with AI rules and regulations, a new member of the C-suite is joining the ranks—the Chief AI Officer (CAIO). The question of leadership (or lack thereof) is essential when racing to adopt AI solutions responsibly. However, several questions arise concerning the role and necessity of a […]
Developing an AI Policy for Universities: A Comprehensive Guide
Artificial Intelligence (AI) is reshaping higher education and has the potential to completely change how students study, how teachers share their knowledge, and how institutions operate. However, there are challenges, too. Universities must integrate AI technologies while balancing innovation with ethical implications and security concerns to ensure that academic integrity and personal privacy are not […]
What Executive Order 14110 Means for Private Enterprises and Federal Government Vendors
Executive Order 14110, signed by President Joe Biden on October 30, 2023, is a comprehensive directive aimed at governing the safe, secure, and trustworthy development and use of artificial intelligence (AI). This order has significant implications for private enterprises and vendors working with the federal government. Implications for Private Enterprises The cornerstone of Executive Order […]
The EU AI Act Has Entered into Force. What Are Your Next Steps?
The EU AI Act was proposed in April 2021, politically agreed upon in December 2023, and published in the Official Journal of the EU on 12 July 2024. It is a keystone regulation for the development and deployment of AI in the EU and around the world. Following its publication, the Act has entered into […]
ISO 42001: Business Benefits and Key Steps for Adoption
Artificial intelligence (AI) is advancing at breakneck speed, and with it comes the need for robust management and governance frameworks. ISO/IEC 42001, the first international standard specifically designed for AI management systems, is designed to provide a comprehensive structure for organizations to manage AI systems responsibly. The Standard in a Nutshell ISO 42001 is an […]
How LLMs Are Revolutionizing Cybersecurity and Benefiting SMBs
Small and medium-sized businesses (SMBs) face a growing number of cybersecurity challenges. Cyberattacks are becoming more sophisticated, and traditional defense mechanisms often fall short. Moreover, adversaries are also more cunning and determined than ever, and regulators are tightening their grasp. This is where cybersecurity-specific Large Language Models (LLMs) come into play, offering advanced protection by […]
Building Trust in AI: Why Governance and Transparency are Non-Negotiable for Business Leaders
In August 2023, iTutor Group had to pay $365,000 to settle a lawsuit brought by the US Equal Employment Opportunity Commission (EEOC) when the agency found that the company, a provider of remote tutoring services to students in China, used AI-powered recruiting software that automatically rejected female applicants ages 55 and older, and male applicants ages […]
Understanding Cybersecurity Risk Assessments: Best Practices for Businesses
The average cost of a data breach is now a staggering $4.45 million – a number businesses should ignore at their peril. This alarming statistic highlights the escalating cyber threats entities in every sector face today. As cyberattacks grow in frequency and sophistication, the need for robust cybersecurity measures becomes more pressing. Central to these […]
How to Integrate AI Governance into Corporate Strategy
Artificial Intelligence (AI) is transforming industries at an unprecedented pace. According to a report by PwC, AI could deliver an additional economic output of $15.7 trillion by 2030. Of this, $6.6 trillion is expected to come from boosted productivity and $9.1 trillion from consumption-side effects. This staggering potential highlights businesses’ need to integrate AI into […]