United States:
A Deep Dive Into The Federal Agencies' Request For Information On Artificial Intelligence, With Special Guest Nicholas Schmidt, Chief Executive Officer, SolasAI (Podcast)
05 July 2021
Ballard Spahr LLP
To print this article, all you need is to be registered or login on Mondaq.com.
After discussing the current state of the regulators'
knowledge about artificial intelligence and machine learning (ML)
in underwriting models, we examine the regulators' key areas of
focus for ML models (explainability/accuracy in adverse action
notices, potential hidden bias, testing for disparate impact),
discuss how to test for and counteract disparate impact and how to
search for less discriminatory alternatives in ML model
development, and consider regulators' possible next steps.
Chris Willis, Co-Chair of Ballard Spahr's Consumer Financial
Services Group, hosts the conversation.
A recording transcript will be available shortly
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Consumer Protection from United States
Dark Chocolate And Heavy Metals
Holland & Knight
In December 2022, Consumer Reports published a study on lead and cadmium in dark chocolate. Dark chocolate came into vogue when studies showed antioxidants in it may have health benefits.
FTC Updates (April 8 – April 12, 2024)
Crowell & Moring LLP
The FTC kept busy through the week of the ABA Antitrust Spring Meeting including an appearance by Chair Lina Khan at the Spring Meeting on an antitrust enforcement panel.
No Asbestos In Cosmetic Talc Products Says FDA
Duane Morris LLP
On April 5, 2024 the US Food and Drug Administration confirmed that its third-party testing of cosmetic talc products for 2023 identified no traces of asbestos in any of the 50 cosmetic samples tested.