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Discussion: GenAI risk levels & policies

Feb 15, 2024
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Last week, our team received a thoughtful question from a technical leader based in Baltimore, Maryland.

“As more companies start leveraging AI systems, should there be industry specific guidelines regarding risk levels and policies? Or would broad regulations make more sense even if certain sectors rarely deal with high risk scenarios?”

Our team at Sema believes that the answer is a mix of all of the above. Our founder and CEO, Matt Van Itallie elaborates: 

  • Companies will set standards based on their individualized risk assessment
  • Government regulators, such as the FDA and the Copyright Office in the U.S., are setting standards that will apply to applicable organizations
  • Industry stakeholders will be setting standards that will become common practice above and beyond company standards and government regulators.
  • Two examples of stakeholders include, first, acquirers and investors, who have begun to check GenAI usage during diligence.
  • And second, procurement offices. Many procurement offices require an analysis of open source composition; we predict (and have been told) they will expand their requirements to GenAI code, too.
Have a question that we can help you navigate? We’d love to hear from you. Drop us a note on our contact page.

About Sema Technologies, Inc. 

Sema is the leader in comprehensive codebase scans with over $1T of enterprise software organizations evaluated to inform our dataset. We are now accepting pre-orders for AI Code Monitor, which translates compliance standards into “traffic light warnings” for CTOs leading fast-paced and highly productive engineering teams. You can learn more about our solution by contacting us here.

Disclosure

Sema publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only. To request reprint permission for any of our publications, please use our “Contact Us” form. The availability of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.

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