What are the regulatory requirements for AI systems?
Regulatory requirements for AI systems vary by region but generally include data protection, transparency, and accountability.
Can you give me examples of specific regulations?
Sure! Examples include the EU's GDPR for data protection and the proposed AI Act, which sets standards for AI deployment.
How do these regulations impact AI development?
These regulations can increase compliance costs and require developers to implement ethical guidelines and risk assessments.
What happens if companies don't comply?
Non-compliance can lead to hefty fines, legal action, and damage to reputation, affecting trust in AI technologies.
Are there any global standards for AI regulations?
Currently, there are no universal standards, but organizations like ISO are working on frameworks to guide AI governance.
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