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IBM's Vice President and Chief Privacy & Trust Officer highlighted that Europe is leading the way in AI regulation compared to the US. Christina Montgomery emphasized the importance of preparing workplaces for AI's future and how IBM navigates emerging AI rules in both regions. The discussion also touched on the need for a regulatory framework that focuses on the use of AI rather than the technology itself.
Montgomery pointed out that the US has been slow to regulate AI, especially following the rise of technologies like ChatGPT. She noted that while there are efforts to create accountability and address risks associated with AI, the lack of a federal privacy law has led to a patchwork of state regulations. IBM is committed to aligning its practices with the EU's AI Act and is actively involved in shaping the future of AI governance.
• Europe is ahead of the US in AI regulation efforts.
• IBM supports the EU AI Act and emphasizes risk-based regulation.
The article discusses the differences in AI regulation between Europe and the US, highlighting the need for effective frameworks.
IBM is recognized for its efforts in data transparency, which is crucial for compliance with upcoming regulations.
IBM has established AI ethics principles that align with international standards to ensure responsible AI deployment.
IBM is actively involved in shaping AI regulations and governance, particularly in response to the EU's AI Act.
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