“The #eu draft for an #euaiact is a legal medley. Under the banner of #risk-based #regulation, the AI Act combines two repertoires of EU law, namely #productsafety and #fundamentalrights protection. However, the proposed medley can fail if it does not account for the structural differences between the two legal repertoires…”
“... we provide evidence that setting the risk-weighted ratio at 15\% and the simple leverage ratio at 10% would significantly decrease the probability of default without hampering banks' activities.”
The study investigated how ChatGPT and Bard categorize investor risk profiles compared to financial advisors. While there were no significant differences in the risk scores assigned by the chatbots an
The paper suggests that companies developing high-risk AI systems should demonstrate their safety before deployment, arguing for proactive risk management. It proposes a risk management approach where