Which risk management framework/guide/standard focuses on value-based engineering methodology?
Scenario:
An organization wants to leverage its existing compliance structures to identify AI-specific risks as part of an ongoing data governance audit.
Which of the following compliance-related controls within an organization ismost easily adaptedto identify AI risks?
What is theprimary purposeof an AI impact assessment?
What is the primary purpose of an Al impact assessment?
Under the NIST Al Risk Management Framework, all of the following are defined as characteristics of trustworthy Al EXCEPT?
CASE STUDY
A global marketing agency is adapting a large language model ("LLM") to generate content for an upcoming marketing campaign for a client's new product: a hard hat designed for construction workers of any gender to better protect them from head injuries.
The marketing agency is accessing the LLM through an application programming interface ("API") developed by a third-party technology company. They want to generate text to be used for targeted advertising communications that highlight the benefits of the hard hat to potential purchasers. Both the marketing agency and the technology company have taken reasonable steps to address Al governance.
The marketing company has:
• Entered into a contract with the technology company with suitable representations and warranties.
• Completed an impact assessment on the LLM for this intended use.
• Built technical guidance on how to measure and mitigate bias in the LLM.
• Enabled technical aspects of transparency, explainability, robustness and privacy.
• Followed applicable regulatory requirements.
• Created specific legal statements and disclosures regarding the use of the Al on its client's advertising.
The technology company has:
• Provided guidance and resources to developers to address environmental concerns.
• Build technical guidance on how to measure and mitigate bias in the LLM.
• Provided tools and resources to measure bias specific to the LLM.
• Enabled technical aspects of transparency, explainability, robustness and privacy.
• Mapped and mitigated potential societal harms and large-scale impacts.
• Followed applicable regulatory requirements and industry standards.
• Created specific legal statements and disclosures regarding the LLM. including with respect to IP and rights to data.
The technology company has also addressed environmental concerns and societal harms.
Which of the following results would be considered biased outputs from this AI system EXCEPT?
Under the Canadian Artificial Intelligence and Data Act, when must the Minister of Innovation, Science and Industry be notified about a high-impact Al system?
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 (“LLM”). 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 tA. 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.
Each of the following steps would support fairness testing by the compliance team during the first month in production EXCEPT?
CASE STUDY
Please use the following answer the next question:
Good Values Corporation (GVC) is a U.S. educational services provider that employs teachers to create and deliver enrichment courses for high school students. GVC has learned that many of its teacher employees are using generative Al to create the enrichment courses, and that many of the students are using generative Al to complete their assignments.
In particular, GVC has learned that the teachers they employ used open source large language models (“LLM”) to develop an online tool that customizes study questions for individual students. GVC has also discovered that an art teacher has expressly incorporated the use of generative Al into the curriculum to enable students to use prompts to create digital art.
GVC has started to investigate these practices and develop a process to monitor any use of generative Al, including by teachers and students, going forward.
Which of the following risks should be of the highest concern to individual teachers using generative Al to ensure students learn the course material?
