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Regulation of algorithms, or algorithmic regulation, is the creation of laws, rules and public sector policies for promotion and regulation of algorithms, particularly in artificial intelligence and machine learning. [1] [2] [3] For the subset of AI algorithms, the term regulation of artificial intelligence is used.
From this higher body, following the recommendations made by the R&D Strategy on Artificial Intelligence of 2018, [133] the National Artificial Intelligence Strategy (2020) was developed, which already provided for actions concerning the governance of artificial intelligence and the ethical standards that should govern its use. This project was ...
Artificial intelligence is employed in online dispute resolution platforms that use optimization algorithms and blind-bidding. [4] Artificial intelligence is also frequently employed in modeling the legal ontology, "an explicit, formal, and general specification of a conceptualization of properties of and relations between objects in a given ...
One such recent development is the use of sophisticated artificial intelligence ("AI") technologies capable of producing expressive material. These technologies "train" on vast quantities of preexisting human-authored works and use inferences from that training to generate new content.
On June 26, 2019, the European Commission High-Level Expert Group on Artificial Intelligence (AI HLEG) published its "Policy and investment recommendations for trustworthy Artificial Intelligence". [78] This is the AI HLEG's second deliverable, after the April 2019 publication of the "Ethics Guidelines for Trustworthy AI".
Smart legal contracts are distinct from smart contracts. As mentioned above, a smart contract is not necessarily legally enforceable as a contract. On the other hand, a smart legal contract has all the elements of a legally enforceable contract in the jurisdiction in which it can be enforced and it can be enforced by a court or tribunal.
For example, its contract with Baker Hughes made up 18% of its revenue last quarter, and that contract is set to expire in June. This risk is gradually fading as C3.ai diversifies its customer base.
Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]