How Procurement Can Shape Responsible AI - Hosted by Responsible AI Institute

As AI continues to revolutionize industries, organizations in all sectors and geographies are using it. As the vast majority of companies rely on external vendors for their AI solutions, procurement holds the key to unlocking the full potential of responsible AI. By leveraging their purchasing power and setting the right standards, procurement teams can help drive the adoption of AI systems that prioritize trust, transparency, and accountability.
Additionally, the EU AI Act, the Trustworthy AI Executive Order and the Office of Management and Budget’s (OMB) Guidance all have significant implications for responsible AI procurement. With over 77% of companies already using or exploring AI, it is crucial for businesses to understand and adopt a responsible AI approach to procurement.
Join our panel of AI experts as we explore how organizations can take a responsible AI approach to procurement. During this insightful discussion, our panelists will:
1. Break down any applicable law, including the EU AI Act, key components of President Biden’s Executive Order and the OMB Guidance, providing a clear understanding of the current regulatory framework and how procuring organizations will be impacted.
2. Explore the potential challenges and opportunities that businesses may face when procuring AI technologies in light of these regulations. The panel will delve into how to navigate the risks while capitalizing on the opportunities presented by AI adoption.
3. Identify areas where these regulations might fall short in addressing important aspects of responsible AI and discuss how procurement can fill those gaps to ensure a comprehensive approach to responsible AI adoption.
4. Discuss best practices for ensuring compliance with AI regulations while still leveraging the transformative power of AI in business operations. The panel will highlight how procurement can play a key role in balancing compliance and innovation, driving responsible AI adoption across the organization.
5. Provide valuable insights into the future of AI regulation and its long-term implications for businesses across various industries. The experts will explore how procurement can stay ahead of the curve, anticipating and adapting to evolving regulations while continuing to drive responsible AI adoption forward.
Don’t miss this opportunity to gain a comprehensive understanding of US AI regulation and its impact on procurement. Join us and equip yourself with the knowledge needed to make informed decisions about AI in your organization.
Panel:
Yukun Zhang, Director, AI Governance & Responsible AI, ATB Financial
Harry Chambers, Senior Policy Analyst, OneTrust
Dr. Cari Miller, Co-Founder & Board Chair, AI Procurement Lab
Moderator: Hadassah Drukarch, Director of Policy & Delivery, RAI Institute