Oversight: Grants the government authority to investigate and address violations.

#AIGovernance #AIG #ArtificialIntelligence #DataPrivacy #Privacy #PrivacyPros #IAPP

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Risk Management: Mandates risk assessment and mitigation for AI systems exceeding computational thresholds set by the government.

Safety & Reliability: Obligates providers of high-impact AI systems to ensure safety and reliability.

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Here are highlights from the #AIBasicAct #AIBA

Definitions: Establishes key terms, including AI, high-impact AI, generative AI, AI ethics, and AI business operators.

Transparency: Requires organizations to notify users about high-impact or gen AI use and clearly disclose AI-generated outputs.

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