NSC Global’s Post

Some of my thoughts on AI in East Africa.

Well worth a quick read as our very own Christopher Saul provides some insights around AI in East Africa and how Opensource will act as the bedrock to AI #redhat #ai #llm #instructlab #ml

- **Responsible Strategy Pledge by Top VC Firms** 🌐:  - **Key Players**: Leading venture capital firms commit to responsible AI strategies.  - **Main Thesis**: Emphasis on ethical considerations in investing in AI startups. - **Pledge Details and Commitments** 🤝:  - Overview of the specific commitments made by the VC firms.  - Details on how responsible AI practices will be integrated into investment strategies. - **Industry Impact and Significance** 📈:  - Discussion on the potential impact of responsible investing in AI on the industry.  - Significance of leading VC firms setting ethical standards in AI investments. - **Collaboration and Best Practices** 🔄:  - Exploration of collaborative efforts among VC firms to share best practices.  - Strategies for fostering responsible AI development within the startup ecosystem. - **Potential Challenges and Mitigations** ⚠️:  - Identification of challenges in implementing responsible AI strategies.  - Proposed mitigations or solutions to address ethical concerns. - **Maintain Conciseness** ✒️:  - Focus on essential details to convey the core message.  - Clear and concise language for effective communication. - **Check for Accuracy** ✔️:  - Ensure the summary accurately represents the content and context of the article.  - Avoid introducing personal biases and maintain fidelity to the original information. - **Provide Proper Attribution** 📝:  - Include proper citations for direct quotes or paraphrased content.  - Uphold intellectual integrity and avoid plagiarism. **Top Five Topics**: #ResponsibleAIInvesting #VCCommitments #EthicalStandards #IndustryImpact #CollaborativeStrategies https://lnkd.in/efncg239

#AI is more than just a tool for business efficiency; it's a force for positive impact, as demonstrated by The Schwab Foundation's AI for Social Innovation initiative. Supported by EY, this initiative empowers leaders to use #technology to improve outcomes in enterprise intelligence, healthcare, agriculture, and more. These inspiring examples showcase AI's potential for social impact, benefiting communities worldwide through thoughtful and responsible application. https://bit.ly/4b3hwfG #TechForGood #ResponsibleAI

Responsible Innovation Labs (RIL), a nonprofit coalition of investors and tech executives, is set to release new guidelines, which include pledges to “secure organizational buy-in” within startups around responsible AI, “forecast AI risks and benefits,” and “audit and test to ensure product safety.” 35 firms that have initially signed on including General Catalyst, Felicis Ventures, Bain Capital, IVP, Insight Partners and Lux Capital. In addition to the guidelines, RIL is also releasing a more detailed “protocol” — or how-to guide — for startups and investors trying to implement these principles, including suggestions on how to structure responsible AI teams, run safety tests and engage with outside stakeholders. Excerpt from Top VC Firms Sign Voluntary Commitments for Startups to Build AI Responsibly by Shirin Ghaffary, Bloomberg https://lnkd.in/g3xWVAef --------- What the privacy equivalency? Effectiveness of guidelines vs policy vs regulation? What's the history of self-regulation around these types of issues? What about the AI equivalent of the home-brew gene splicing kit? Privacy peeps (as a proxy for AI), What can we learn from the privacy story? #ai #privacy #genai #guidelines #regulation #standards #policy #ethics #governance #government #states #federal #laws #vc #venture #gdpr #ccpa #venturecapital #agi Stanford Institute for Human-Centered Artificial Intelligence (HAI) #hai

Join me in an insightful techUK webinar where we'll explore integrating responsible business practices into operations and fostering an ethical decision-making culture. Explore corporate governance strategies and tackle practical challenges within existing frameworks. Don't miss out on this opportunity to dive deep into creating a responsible and ethical business environment! #Webinar #EthicalBusiness #CorporateGovernance #HRDD #ResponsibleBusiness

Techne Summit is a remarkable opportunity for startups and technology enthusiasts to meet investors, mentors and public officials Meet Our Startup - PIANAT.ai.. Pianat.ai is a rising AI Venture, on a mission to Democratize DATA & AI driven Environmental social governance risk and compliance (ESGRC) for emerging markets! We transform the current manual and document-based compliance reporting data exchange into automated, trusted and standardized data exchange for collective wisdom. We enable regulatory authorities to make more evidence-based policies. By building their data taxonomies and using AI to auto validate and process all collected financial & non-financial disclosures! For the Financial institutions: reporting entities, We help them minimize regulatory penalties, better manage financial and operational risks, and unlock green investment opportunities to drive sustainability, impact, growth, and competitiveness. Startups are Sponserd by Information Technology Industry Development Agency (ITIDA) DETGD & FEDCOC #TechneSummit #ConnectingTheRightPeople #CorporateInnovation #Startups #Investors

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Policy and technology Entrepreneurship 🚀 are inherently linked but for some reason the worlds of fast pace technology development and policy and regulations are kept at distance. In Climate tech 🌍 the need to accelerate policy innovation in order to accelerate the energy transition is clear and critical. We see this also in AI and I have seen this in biotech and healthcare in my previous life. The relationship that we know between the two worlds 🌍 seem like that: Tech and business run forward quickly 🏎️ and policy drags behind slowly 🐢 until a major event occurs and then policy suddenly wakes up ⏰. Policy innovation should be creative 👨🏻🎨 and not reactive and should move at the same pace as technology development. It requires different kind of mindset, new lean mechanisms as I call “lean policy” and involving founders and VCs more. This is needed since government doesn’t usually have the people and the expertise to know those technological fields well and they need time to learn it as Martin Heinrich claims and “we need to get up to speed very quickly”. In the UK 🇬🇧 Rishi Sunak appointed Matt Clifford the founder of Entrepreneur First as the PM’s representative for AI Safety allowing access to the network and experience of founders and the startup ecosystem. This is a great example of how to bring founders and innovators into policy to accelerate the learning 📚 of policy makers of areas such as AI. What we must accept in my view is that like in entrepreneurship, policy making in innovation includes high level of uncertainty. Dewey Murdick from Georgetown University says “I have no idea where we’ll be in two years” and that is ok, since we need to adapt to change quickly on both sides. If we look at past technology regulations timelines, from time of invention 💡 to first regulation decided there are 3 ranges of timelines: short where regulations take 5 years, medium which take 20 yrs and the ones that take long times 70-90 years. From the data, transportation 🚗 is in the long range regulatory timelines and air-conditioning and refrigeration are in the medium range. Television 📺 took shorter time to regulate also because it used existing frameworks that were used in Radio 📻 regulations work. Same we could expect in AI after the work that was done on GDPR both in the US and the EU. I know that this is quite unusual thinking 💭 but we should think how we accelerate AI regulation by actually using generative AI 🤖 and LLMs. We have large amounts of data, and by using Artificial Intelligence we can also accelerate the learning of the US senate and the EU parliament. Another perspective we should have is the link between funding and speed of regulations. In climate tech the IRA is a catalyst to Venture Capital money 💰 funnelled into progress of technologies like carbon removal and hydrogen but those are stuck if policy doesn’t evolve together with tech #policy #technology #innovation #regulations #climatetech