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An Executive’s Guide to the Risks of Large Language Models (LLMs): From Hallucinations to Copyright Infringement

An Executive’s Guide to the Risks of Large Language Models (LLMs): From Hallucinations to Copyright Infringement

by Guru Sethupathy | Jun 13, 2024 | FairNow Blog

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...
The U.S. Federal Government’s Approach To AI Governance: OMB’s New Policy Highlights

The U.S. Federal Government’s Approach To AI Governance: OMB’s New Policy Highlights

by Guru Sethupathy | Mar 28, 2024 | FairNow Blog

The Biden-Harris Administration has unveiled a pioneering policy for the federal use of artificial intelligence (AI), aiming to balance innovation with risk management and ethical considerations. Key Insights From The OMB Policy to Advance Governance, Innovation, and...
The Landmark EU AI Act Is Approved. Now What?

The Landmark EU AI Act Is Approved. Now What?

by Guru Sethupathy | Mar 13, 2024 | FairNow Blog

What Happened On March 13th, 2024 Regarding The EU AI Act   What organizational leaders need to know about becoming and staying compliant with the EU AI Act. What Happened Today With The EU AI Act (March 13th, 2024)? On Wednesday, March 13, the European...
NYT vs. OpenAI Lawsuit Explained: That Showdown That Could Redefine AI Ethics in 2024

NYT vs. OpenAI Lawsuit Explained: That Showdown That Could Redefine AI Ethics in 2024

by Guru Sethupathy | Jan 8, 2024 | FairNow Blog

Why the New York Times Vs. OpenAI Copyright Lawsuit Is Pivotal   On December 27th, 2023, the New York Times filed a lawsuit against ChatGPT developer OpenAI and partner Microsoft for using content written by the Times to train AI. The NYT vs. OpenAI copyright...
6 Things Every CDO Must Know About The New ISO 42001 | ISO/IEC 42001 (2023)

6 Things Every CDO Must Know About The New ISO 42001 | ISO/IEC 42001 (2023)

by Guru Sethupathy | Dec 18, 2023 | FairNow Blog

What Every CDO Should Know About ISO 42001   Today, the ISO published ISO/IEC 42001 (2023), a standard for AI management systems. While not the first standard the ISO has published related to AI, this is the comprehensive AI standard detailing how an organization...
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