Mitigating AI Risks: Insights from Regulatory Guidance and Enforcement

Introduction -

The rapid rise of Artificial Intelligence (AI), particularly Generative AI, has transformed various industries. From finance, where AI algorithms help manage investment portfolios and detect fraud, to marketing, where it enables personalization for ad targeting, to operations, where predictive maintenance and logistics optimization have streamlined supply chains — AI is making its presence felt. The accelerated integration of AI has made organizations more efficient but has also introduced new risks, including ethical, privacy, and security challenges. Consequently, governments globally are implementing regulations to ensure responsible implementation and usage of AI (e.g. the EU AI Act).

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