Independent Oversight Marketplace for AI
A marketplace for third-party governance of AI that ensures the safest systems rise to the top and are integrated across society.
Independent Oversight Marketplace for AI
A marketplace for third-party governance of AI that ensures the safest systems rise to the top and are integrated across society.
Overview
Overview
AI is the defining technology of our time. There is broad consensus across political lines that AI requires reasonable guardrails that ensure Americans can thrive in this new world. We need an AI governance framework to make that possible. But the public has serious doubts about the ability of government or industry to create and enforce such a framework, either individually or working in concert.
That’s why we support a third-way approach to AI governance, called an Independent Oversight Marketplace for AI. In its simplest form, this framework incentivizes companies to prove they have met heightened safety standards through verification from independent, expert-led bodies. State or federal government would provide authorization and oversight for this market-based system, and the certification is voluntary for companies. This concept is designed to ensure that the safest and most accountable AI systems rise to the top as they are integrated throughout society, so that both communities and industry benefit.
To operationalize this concept, experts and lawmakers are increasingly backing the Independent Verification Organization (IVO) mechanism.
AI is the defining technology of our time. There is broad consensus across political lines that AI requires reasonable guardrails that ensure Americans can thrive in this new world. We need an AI governance framework to make that possible. But the public has serious doubts about the ability of government or industry to create and enforce such a framework, either individually or working in concert.
That’s why we support a third-way approach to AI governance, called an Independent Oversight Marketplace for AI. In its simplest form, this framework incentivizes companies to prove they have met heightened safety standards through verification from independent, expert-led bodies. State or federal government would provide authorization and oversight for this market-based system, and the certification is voluntary for companies. This concept is designed to ensure that the safest and most accountable AI systems rise to the top as they are integrated throughout society, so that both communities and industry benefit.
To operationalize this concept, experts and lawmakers are increasingly backing the Independent Verification Organization (IVO) mechanism.
Here’s how it works
Here’s how it works
A state government authorizes a marketplace of regulatory bodies, called Independent Verification Organizations (IVO), which are made up of subject matter experts, and are fully independent from industry.
A state government authorizes a marketplace of regulatory bodies, called Independent Verification Organizations (IVO), which are made up of subject matter experts, and are fully independent from industry.
The government authority is charged with setting outcomes for AI verification (goals related to AI safety or risk levels) based on democratic feedback from the public.
The government authority is charged with setting outcomes for AI verification (goals related to AI safety or risk levels) based on democratic feedback from the public.
Licensed IVOs develop technical criteria to determine if an AI company has taken the right measures to meet those outcomes and then verify AI models that voluntarily pursue this process against those criteria.
Licensed IVOs develop technical criteria to determine if an AI company has taken the right measures to meet those outcomes and then verify AI models that voluntarily pursue this process against those criteria.
AI companies that achieve verification earn a “gold standard” seal of approval, which signals that a heightened standard of care has been met to make their products safe. A state could choose to heighten the incentive for companies to participate, potentially by authorizing the verifiers to confer legal certainty or tort protection.
AI companies that achieve verification earn a “gold standard” seal of approval, which signals that a heightened standard of care has been met to make their products safe. A state could choose to heighten the incentive for companies to participate, potentially by authorizing the verifiers to confer legal certainty or tort protection.
No matter the exact carrot, the system advantages safer, more accountable AI systems and products, making them more trusted and widely used. Models that do not maintain their standards will be de-certified; IVOs that fail to maintain their independence from industry will be de-licensed.
No matter the exact carrot, the system advantages safer, more accountable AI systems and products, making them more trusted and widely used. Models that do not maintain their standards will be de-certified; IVOs that fail to maintain their independence from industry will be de-licensed.
Advantages over traditional government regulation
Real-Time Standard-Setting
This approach is inherently set up to move at the speed of innovation. Direct regulations and licensing regimes, the traditional modes of governance, are too static and inflexible for a fast-evolving, all-encompassing technology. IVOs are required to regularly evolve standards and methods as the technology develops.
Expert-Led Governance
AI is poorly suited to governance by non-experts given its complexity; governance by non-technical lawmakers risk creating heavy-handed and ineffective rules that place downward pressure on innovation. IVOs elevate technical experts in the design and certification of standards for AI development, ensuring a technical and non-arbitrary system of standards.
Race to the Top
This marketplace relies on market forces, guided by government-set outcomes, to direct attention to the areas of greatest risk. AI companies that adhere to best practices gain market advantage over competitors, turning accountability and safety into major market benefits. Put differently, IVOs turn safety standards into a competitive advantage.
Unified, National Standards
An independent oversight marketplace invites leadership from the states and yet has the capacity to scale across the country. Much like drivers’ licenses and many professional licenses, each state would run its own process, while recognizing the outcomes and standards set in other states. In this way, IVOs can create a national standard in the absence of a federal one.
Advantages over direct government regulation
Expert-Led Governance
AI is poorly suited to governance by non-experts given its complexity; governance by non-technical lawmakers risk creating heavy-handed and ineffective rules that place downward pressure on innovation. IVOs elevate technical experts in the design and certification of standards for AI development, ensuring a technical and non-arbitrary system of standards.
Expert-Led Governance
AI is poorly suited to governance by non-experts given its complexity; governance by non-technical lawmakers risk creating heavy-handed and ineffective rules that place downward pressure on innovation. IVOs elevate technical experts in the design and certification of standards for AI development, ensuring a technical and non-arbitrary system of standards.
Real-Time Standard-Setting
This approach is inherently set up to move at the speed of innovation. Direct regulations and licensing regimes, the traditional modes of governance, are too static and inflexible for a fast-evolving, all-encompassing technology. IVOs are required to constantly evolve standards and methods as the technology develops.
Real-Time Standard-Setting
This approach is inherently set up to move at the speed of innovation. Direct regulations and licensing regimes, the traditional modes of governance, are too static and inflexible for a fast-evolving, all-encompassing technology. IVOs are required to constantly evolve standards and methods as the technology develops.
Race to the Top
This marketplace relies on market forces, not government regulators, to direct attention to the areas of greatest risk. AI companies that adhere to best practices gain market advantage over competitors, turning accountability and safety into competitive advantage. Put differently, IVOs turn safety standards into a competitive advantage.
Race to the Top
This marketplace relies on market forces, not government regulators, to direct attention to the areas of greatest risk. AI companies that adhere to best practices gain market advantage over competitors, turning accountability and safety into competitive advantage. Put differently, IVOs turn safety standards into a competitive advantage.
Unified, National Standards
An independent oversight marketplace invites leadership from the states and yet has the capacity to scale across the country. Much like drivers’ licenses and many professional licenses, each state would run its own process, while recognizing the outcomes and standards set in other states. In this way, IVOs can create a national standard in the absence of a federal one.
Unified, National Standards
An independent oversight marketplace invites leadership from the states and yet has the capacity to scale across the country. Much like drivers’ licenses and many professional licenses, each state would run its own process, while recognizing the outcomes and standards set in other states. In this way, IVOs can create a national standard in the absence of a federal one.
Resources
Resources
Get in Touch
For additional information and resources:
Get in Touch
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