ai and ml risk
Fintech needs to keep AI and ML risks in mind, board warns
Move over Elon, someone else is stepping up to issue warnings about AI. AI and machine learning fears are often rooted in Terminator-style takeovers, jobs lost to automation and sentient technology out to undermine humanity. The reality of the technologies threats, however, may play out most dramatically in the technical legalese of state and federal regulations. A quick Google search shows that the United States does not have public policy relating to advanced technologies like AI and ML. Questions regarding the intellectual property rights of content produced by AI are currently playing out in discussion forums and professional meetings, but as of yet no significant AI or ML event or application has forced the country and legal system to reconcile the technology with the law.