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What is the best reason for a company adopt a policy that prohibits the use of generative Al?
Why is it important that conformity requirements are satisfied before an AI system is released into production?
CASE STUDY
Please use the following answer the next question:
ABC Corp, is a leading insurance provider offering a range of coverage options to individuals. ABC has decided to utilize artificial intelligence to streamline and improve its customer acquisition and underwriting process, including the accuracy and efficiency of pricing policies.
ABC has engaged a cloud provider to utilize and fine-tune its pre-trained, general purpose large language model (“LLMâ€). In particular, ABC intends to use its historical customer data—including applications, policies, and claims—and proprietary pricing and risk strategies to provide an initial qualification assessment of potential customers, which would then be routed .. human underwriter for final review.
ABC and the cloud provider have completed training and testing the LLM, performed a readiness assessment, and made the decision to deploy the LLM into production. ABC has designated an internal compliance team to monitor the model during the first month, specifically to evaluate the accuracy, fairness, and reliability of its output. After the first month in production, ABC realizes that the LLM declines a higher percentage of women ' s loan applications due primarily to women historically receiving lower salaries than men.
During the first month when ABC monitors the model for bias, it is most important to?
A company is creating a mobile app to enable individuals to upload images and videos, and analyze this data using ML to provide lifestyle improvement recommendations. The signup form has the following data fields:
1.First name
2.Last name
3.Mobile number
4.Email ID
5.New password
6.Date of birth
7.Gender
In addition, the app obtains a device ' s IP address and location information while in use.
What GDPR privacy principles does this violate?
Which of the following is an obligation of an importer of high-risk AI systems under the EU AI Act?
A company plans on procuring a tool from an Al provider for its employees to use for certain business purposes.
Which contractual provision would best protect the company ' s intellectual property in the tool, including training and testing data?
When monitoring the functional performance of a model that has been deployed into production, all of the following are concerns EXCEPT?