Regulators question human-in-the-loop as AI governance tool
Bank of England and Iosco executives suggest it’s more important to retain overall accountability
Inserting human oversight of individual outputs is an inadequate way to manage the risks of deploying generative artificial intelligence (GenAI), regulators have warned. Instead, financial institutions must allocate responsibility for the integrity of the entire process where GenAI is used, as they would for processes carried out before the new technology was deployed.
“I think human-in-the-loop is
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