10 résultats pour « liability »

The Ethics of Generative AI in Tax Practice

The article delves into #ethical concerns with #aitools in #legal and #tax research, addressing #output #quality, #bias, #verifiability, #liability, and #privacy #risks. It explores #regulatory, #tech, and professional solutions, offering practical advice for tax professionals to safely navigate AI's challenges with #riskmitigation.

From Insight to Compliance: The Concept of ‘Appropriate Technical and Organisational Measures’

This article highlights the importance of #cybersecurity in contemporary business models and the need for #legal practitioners and #it professionals to work together to assess the extent to which #privacy and #security measures qualify as "appropriate" in the context of #liability #claims and actions for #damages. The article provides guidance on how to move from technical insight to legal #compliance.

Reasonable AI and Other Creatures: What Role for AI Standards in Liability Litigation?

This paper discusses the relationship between standards and private law in the context of #liability #litigation and #tortlaw for damage caused by #ai systems. The paper highlights the importance of #standards in supporting policies and legislation of the #eu, particularly in the #regulation of #artificialintelligence. The paper assesses the role of AI standards in private law and argues that they contribute to defining the duty of care expected from developers and professional operators of AI systems.

Application of Deep Reinforcement Learning in Asset Liability Management

This paper discusses the limitations of traditional #asset#liability#management (#alm) techniques in #riskmanagement, particularly in high-interest rate environments, and proposes the application of #deep#reinforcement#learning (#drl) to overcome these limitations. The paper defines the components of #reinforcementlearning (#rl) that can be optimized for ALM, including the RL Agent, Environment, Actions, States, and Reward Functions. The study shows that implementing DRL provides a superior approach compared to traditional ALM, as it allows for increased #automation, flexibility, and multi-objective #optimization in ALM.

Suggestions for a Revision of the European Smart Robot Liability Regime

This article discusses the need for #regulation of #robots and #ai in #europe, focusing on the issue of #civil #liability. Despite multiple attempts to harmonize #eu#tort #law, only the liability of producers for defective products has been successfully harmonized so far. The #aiact, published by the #europeancommission in 2021, aims to #regulate AI at the European level by classifying #smartrobots as "high risk systems", but does not address liability rules. This article explores liability issues related to AI and robots, particularly when using #deeplearning #machinelearning techniques that challenge the traditional liability paradigm.

Operational Risk and the New Caremark Liability for Boards of Directors

In #corporategovernance, where boards are being held liable for #misconduct based on #operationalrisk. Operational misconduct is a critical source of #director#liability and should be given the same attention as #financial#mismanagement. Operational risk marks a fundamental shift in the way boards monitor the firm. Judicial doctrine is changing the way boards manage operational risk, avoid liability, and protect stakeholders' lives and the society at large.

The Government Behind Insurance Governance: Lessons for Ransomware

"This paper analyzes how governments support insurance markets to maintain insurability and limit risks to society. We propose a new conceptual framework grouping government interventions into three dimensions: regulation of risky activity, public investment in risk reduction, and co-insurance."