The recent, rapid explosion in AI’s capabilities has left many companies scrambling to keep up. At the same time, regulators around the world have begun to roll out rules and laws, but so far their efforts are too scattered and varied. Even as leaders and companies...
Key Takeaways Update: On September 29, 2024, CA Gov. Gavin Newsom announced his veto of SB 1047, dubbed the AI Safety Bill, ending a month of lobbying and speculation. More on his statement and industry reactions below. SB 1047 Overview: California’s SB 1047 requires...
Key Takeaways AI governance is essential for organizations. It ensures effective management of AI risks, safe deployment, and regulatory compliance. Best practices for effective AI governance exist. Following established guidelines strengthens the foundation of an AI...
Key Takeaways LLMs can produce hallucinations, biased responses, and privacy breaches Mitigation strategies include fact-checking, bias reduction techniques, and cautious data handling AI governance platforms like FairNow are vital to help manage these risks within...
![What Is California’s “AI Safety Bill” (SB 1047), and Why Is Everyone Talking About It? [Updated]](https://fairnow.ai/wp-content/uploads/2024/08/What-Is-California-SB-1047-and-Why-Is-Everyone-Talking-About-It-1080x675.png)
