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Regulation of algorithms, or algorithmic regulation, is the creation of laws, rules and public sector policies for promotion and regulation of algorithms, particularly in artificial intelligence and machine learning. [1] [2] [3] For the subset of AI algorithms, the term regulation of artificial intelligence is used.
Lastly, the transparency principle states that a system's transparency is only necessary when there is a high risk of violating fundamental rights. As easily observed, the Brazilian Legal Framework for Artificial Intelligence lacks binding and obligatory clauses and is rather filled with relaxed guidelines.
Government by algorithm [1] (also known as algorithmic regulation, [2] regulation by algorithms, algorithmic governance, [3] [4] algocratic governance, algorithmic legal order or algocracy [5]) is an alternative form of government or social ordering where the usage of computer algorithms is applied to regulations, law enforcement, and generally any aspect of everyday life such as ...
The phrases "algorithmic transparency" and "algorithmic accountability" [2] are sometimes used interchangeably – especially since they were coined by the same people – but they have subtly different meanings. Specifically, "algorithmic transparency" states that the inputs to the algorithm and the algorithm's use itself must be known, but ...
ACM Conference on Fairness, Accountability, and Transparency (ACM FAccT, formerly known as ACM FAT*) is a peer-reviewed academic conference series about ethics and computing systems. [1] Sponsored by the Association for Computing Machinery , this conference focuses on issues such as algorithmic transparency , fairness in machine learning , bias ...
ACTUS has been implemented as a set of royalty-free, open standards for representing financial contracts. The standards combine three elements. First, a concise data dictionary that defines the terms present in a particular type of financial contract. Second, a simple but complete taxonomy of the fundamental algorithmic contract type patterns.
In academic discourse, the usage of the term “black box” dates back to at least 1963 with Mario Bunge's work on a black box theory in mathematics. [18]The term “black box,” as used throughout The Black Box Society by author and law professor, Frank Pasquale, is a dual metaphor for a recording device such as a data-monitoring system and for a system whose inner workings are secret or ...
Generally Accepted Accounting Practice in the UK, or UK GAAP or GAAP (UK), is the overall body of regulation establishing how company accounts must be prepared in the United Kingdom. Company accounts must also be prepared in accordance with applicable company law (for UK companies, the Companies Act 2006 ; for companies in the Channel Islands ...