by Guru Sethupathy | Sep 30, 2024 | FairNow Blog
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...
by Kayla Baum | Sep 14, 2024 | FairNow Blog
FairNow swiftly establishes itself as the trusted AI governance platform for HR technology vendors committed to ensuring fair, compliant, and trustworthy AI. MCLEAN, Va. (BUSINESS WIRE) – FairNow continues to build momentum as a leading AI governance platform...
by Guru Sethupathy | Sep 14, 2024 | FairNow Blog
Key takeaways: OpenAI’s new model, “o1,” code-named “Strawberry,” delivers unprecedented performance in STEM, coding, and logic tasks, surpassing state-of-the-art benchmarks. o1 leverages “chain-of-thought reasoning,” enhancing accuracy by breaking...
by Kayla Baum | Sep 14, 2024 | FairNow Blog
Key Takeaways Organizations require a formal AI governance framework to manage ethical, legal, and operational AI risks. This eight-step framework incorporates best practices from regulatory bodies and industry standards. Many organizations are investing in an AI...
by Guru Sethupathy | Aug 20, 2024 | FairNow Blog
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...
by Kayla Baum | Jul 13, 2024 | FairNow Blog
Key Takeaways From the Mobley v. Workday Lawsuit (Explained in Plain Language) February 2023: Derek Mobley filed a lawsuit against Workday, alleging its automated resume screening tool discriminates based on race, age, and disability status. January 2024: The initial...