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Governance - Regulation

Mapping the Ethics of Generative AI: A Comprehensive Scoping Review

Hagendorff (2024)

Category
Risk Domain

Inadequate regulatory frameworks and oversight mechanisms that fail to keep pace with AI development, leading to ineffective governance and the inability to manage AI risks appropriately.

In response to the multitude of new risks associated with generative AI, papers advocate for legal regulation and governmental oversight. The focus of these discussions centers on the need for international coordination in AI governance, the establishment of binding safety standards for frontier models, and the development of mechanisms to sanction non-compliance. Furthermore, the literature emphasizes the necessity for regulators to gain detailed insights into the research and development processes within AI labs. Moreover, risk management strategies of these labs shall be evaluated. However, the literature also acknowledges potential risks of overregulation, which could hinder innovation.(p. 7)

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