The Information Commissioner's Office (ICO) is urging businesses to consider the privacy risks that generative AI can bring before adopting the technology. The ICO will also implement stricter checks on whether organisations are complying with data protection laws.
The blog article cites new research suggesting that generative AI could become a £1 trillion market in ten years, significantly benefiting businesses and society. However, Stephen Almond, executive director of regulatory risk at the ICO, warns of the potential risks associated with the technology and calls on businesses to weigh both the opportunities and risks.
“Spend time at the outset to understand how AI is using personal information, mitigate any risks you become aware of, and then roll out your AI approach with confidence that it won't upset customers or regulators,” he said.
Later today, Stephen Arnold will be speaking at Politico’s Global Tech Day.
The reminder to consider the risks follows an article in April outlining eight questions that developers and users should ask before implementing AI systems.
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