Six Ways An Organization Can Benefit from an Internal Generative AI Use Policy | Bennett Jones LLP
Generative Artificial Intelligence (GenAI) tools offer significant benefits to businesses by enhancing productivity and data analysis. However, they also present risks, especially when misused by employees. While specific AI legislation is lacking in Canada, existing legal frameworks like data protection laws and intellectual property laws indirectly govern AI use. To mitigate these risks and ensure compliance, businesses should implement internal GenAI use policies. Key factors to consider in managing AI-related risks include: 1. Unreliability: AI systems may generate inaccurate results due to their training on datasets containing both accurate and inaccurate information. Employees must verify AI-generated content before acting on it or sharing it with clients. 2. Data Privacy & Confidentiality: Employees must handle personal and confidential information carefully when using AI tools. Clear guidelines should be established to prevent unauthorized data usage or disclosure, ensuring compliance with data protection laws. 3. Bias: AI systems can reflect and amplify existing biases, leading to discriminatory outcomes. Training employees to recognize and mitigate bias in AI-generated content is crucial for fair and equitable decision-making. 4. Intellectual Property: Employees should be aware of the potential for infringing on existing intellectual property rights when using GenAI to create content. Guidelines should be in place to review AI-generated content and ensure it does not violate legal frameworks. 5. Malicious Use / Cybersecurity: Employees must be trained to recognize and mitigate cybersecurity risks associated with the misuse of GenAI, such as creating deepfakes or other forms of synthetic content. 6. ESG Considerations: Employees should be guided in selecting AI providers that align with the organization s environmental, social, and governance (ESG) goals, ensuring AI usage supports sustainability efforts. Creating a comprehensive internal AI policy is essential for managing risks associated with employee usage and ensuring compliance with existing legal frameworks. This policy will guide employees in the responsible and ethical use of AI, protecting the organization from potential legal,
Source: jdsupra.comPublished on 2024-09-13
Related news
- Three Canadian brands all outdoor enthusiasts should know
- More bad news about your 401 ( k )
- Value vs values battle raging despite ESG investing boom
- FCA unveils anti - greenwashing measures in SDR ruling
- Soil is miraculou : How regenerative agriculture could transform fashion
- Converting Hot Air Into Positive Action - Energy and Natural Resources
- European Central Bank Publishes Climate - Related Statistical Indicators
- How to tell if a travel company is really following sustainable practices
- Incisive Media to launch new sustainable investment platform
- Credit union subordinated debt is a new avenue for ESG investing
- Securities and Exchange Commission Adopts Climate Rules
- EPR Properties Publishes 2023 Corporate Responsibility Report
- Greta Thunberg Calls COP Process Greenwashing and a Scam
- Reducing Our Massive Packaging Plastic Footprint : New Solutions Needed For A Sustainable , Circular Economy
- Detoxing fashion supply chains is a game changer , but without regulation climate damage by the industry continues – Greenpeace