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The Mercatus Center solves unstructured data challenges using generative AI from AWS

AWS Public Sector Blog

Seeking to make access to economic policy documents easier, Mercatus created a generative artificial intelligence (AI) solution. Organizing unstructured data using generative AI from AWS Before policymakers can write a new regulation, they need to understand what other policies and documentation exist that relate to the same topic.

Nonprofit 130
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Modernizing government IT: 4 approaches to overcome legacy exit challenges

AWS Public Sector Blog

Amazon Web Services (AWS) public sector government transformation specialists researched what technology leaders in government and in the highly regulated private sector believe their main IT challenges are. This made it challenging for these organizations to modernize because of the implied threat to business continuity.

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European Union’s new AI law: What programmers need to know

Open Access Government - Technology News

Transparency and documentation: Maintaining detailed records of system operations and functionality akin to flight data recorders, enabling traceability and oversight. Future outlook and global impact Despite concerns about stifling innovation, proponents like Hermanns believe the AI Act strikes a balance between regulation and advancement.

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How healthcare organizations can fulfill compliance standards with AWS

AWS Public Sector Blog

Cyberattacks and cybersecurity regulations In recent years, healthcare organizations have experienced an increase in cyberattacks such as ransomware, unintended data access, and distributed denial of service (DDoS). In some cases, the networks must be disconnected, and documentation done by hand.

Security 195
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The evolution of fraud and the importance of continuous professional development and learning

Open Access Government - Technology News

Frauds evolution: From quill pens to sunken cargo to cryptocurrencies, NFTs and QR codes Once upon a time, fraud was pretty straightforward: deliberately sinking a cargo ship and claiming for the loss, faking documents, or misappropriating funds. But the digital age has taken fraud to a whole new level.

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Australia takes steps to tackle the dangers posed by artificial intelligence

Open Access Government - Technology News

The Australian government’s consultative approach to AI regulation includes an eight-week review process involving the release of two papers. The first paper examines generative AI’s opportunities and risks, while the second paper studies AI regulation efforts in other nations, such as the United States and the United Kingdom.

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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

This nearly-50-page document concluded that nonbank mortgage servicers (NMSs) collectively are a potential threat to financial stability. The Report notes, by contrast, that the regulations that apply to banks are designed to do just that. Inability to maintain “safe and sound" o perations.