AI UPDATES
AI In The News…
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SEC Creates Task Force to Tap Artificial Intelligence for Enhanced Innovation and Efficiency Across the Agency
A leak suggests that OpenAI is about to launch a powerful new open-source AI model, potentially within hours.The evidence comes from a trail of digital breadcrumbs, eagerly pored over by developers.
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Delta Air assures US lawmakers it will not personalize fares using AI
In a response letter dated July 31 but not sent until Friday, Peter Carter, Delta’s chief external affairs officer, denied that the company uses “individualized” or “surveillance” pricing, a practice that uses people’s personal data to set specific prices. Critics fear the practice could be used to set prices at the highest amount a person is willing to pay. He said that Delta’s AI doesn’t rely on personal data and doesn’t target specific individuals with prices, but instead relies on various sets of data and factors.
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AI Watch: Global regulatory tracker - United States
The US relies on existing federal laws and guidelines to regulate AI but aims to introduce AI legislation and a federal regulation authority. Until then, developers and deployers of AI systems will operate in an increasing patchwork of state and local laws, underscoring challenges to ensure compliance.