Executive Summary
As more organizations use AI, staying compliant with regulations is a top priority. Here's what you need to know about global trends, risk management, and best practices.
Global Trends
- EU AI Act: Sets strict rules for high-risk AI systems, including transparency and human oversight.
- US Guidance: Focuses on industry-specific regulations and voluntary frameworks.
- Asia-Pacific: Emphasizes data privacy and cross-border data flows.
Risk Management
- Impact Assessments: Regularly check for compliance risks and address them early.
- Documentation: Keep detailed records of how your AI systems are built and used.
- Third-Party Audits: Bring in outside experts to validate compliance.
Best Practices
- Stay Informed: Keep up with changing regulations everywhere you operate.
- Embed Compliance: Make compliance part of your AI development process.
- Train Teams: Make sure everyone understands their compliance responsibilities.
- Engage Legal Counsel: Work with legal experts to interpret and apply regulations.
Conclusion
Managing compliance proactively lets organizations use AI responsibly and avoid regulatory trouble.