Related papers: Frontier AI developers need an internal audit func…
Organizations including companies, nonprofits, governments, and academic institutions are increasingly developing, deploying, and utilizing artificial intelligence (AI) tools. Responsible AI (RAI) governance approaches at organizations have…
AI audits are an increasingly popular mechanism for algorithmic accountability; however, they remain poorly defined. Without a clear understanding of audit practices, let alone widely used standards or regulatory guidance, claims that an AI…
As part of the Frontier AI Safety Commitments agreed to at the 2024 AI Seoul Summit, many AI developers agreed to publish a safety framework outlining how they will manage potential severe risks associated with their systems. This paper…
AI systems have found a wide range of application areas in financial services. Their involvement in broader and increasingly critical decisions has escalated the need for compliance and effective model governance. Current governance…
Organizations of all sizes, across all industries and domains are leveraging artificial intelligence (AI) technologies to solve some of their biggest challenges around operations, customer experience, and much more. However, due to the…
This article examines the evolving landscape of artificial intelligence (AI) regulation in financial services, detailing the legal frameworks and compliance challenges posed by rapid technological adoption. By reviewing current legislation,…
Risk thresholds provide a measure of the level of risk exposure that a society or individual is willing to withstand, ultimately shaping how we determine the safety of technological systems. Against the backdrop of the Cold War, the first…
Autonomous AI agents increasingly issue side-effect-bearing actions: database mutations, refunds, payments, external commitments. We propose the Actuarial Action Interface (AAI), a deterministic runtime contract that prices each such action…
The use of Artificial Intelligence (AI) in high-risk, decision-making scenarios presents technical, safety, and normative challenges; problems that may only be ameliorated by human oversight. However, notions of human oversight lack a…
A comprehensive approach to addressing catastrophic risks from AI models should cover the full model lifecycle. This paper explores contingency plans for cases where pre-deployment risk management falls short: where either very dangerous…
This report examines Artificial Intelligence (AI) in the financial sector, outlining its potential to revolutionise the industry and identify its challenges. It underscores the criticality of a well-rounded understanding of AI, its…
Artificial intelligence (AI) advances rapidly but achieving complete human control over AI risks remains an unsolved problem, akin to driving the fast AI "train" without a "brake system." By exploring fundamental control mechanisms at key…
Algorithms are becoming more widely used in business, and businesses are becoming increasingly concerned that their algorithms will cause significant reputational or financial damage. We should emphasize that any of these damages stem from…
Oversight and control, which we collectively call supervision, are often discussed as ways to ensure that AI systems are accountable, reliable, and able to fulfill governance and management requirements. However, the requirements for "human…
Large language models (LLMs) represent a major advance in artificial intelligence (AI) research. However, the widespread use of LLMs is also coupled with significant ethical and social challenges. Previous research has pointed towards…
Frontier AI Safety Policies concentrate on prevention: capability evaluations, deployment gates, and usage constraints, while neglecting the capacity to coordinate responses when prevention fails. We argue this coordination gap is…
Although AI systems are increasingly being leveraged to provide value to organizations, individuals, and society, significant attendant risks have been identified and have manifested. These risks have led to proposed regulations,…
A series of recent developments points towards auditing as a promising mechanism to bridge the gap between principles and practice in AI ethics. Building on ongoing discussions concerning ethics-based auditing, we offer three contributions.…
As artificial intelligence (AI) becomes increasingly embedded in digital, social, and institutional infrastructures, and AI and platforms are merged into hybrid structures, systemic risk has emerged as a critical but undertheorized…
AI progress is creating a growing range of risks and opportunities, but it is often unclear how they should be navigated. In many cases, the barriers and uncertainties faced are at least partly technical. Technical AI governance, referring…