Papers by Gabriele Mazzini
Considerations on the regulation of AI systems in the financial sector by the AI Act
Frontiers in Artificial Intelligence
The proposal for the Artificial Intelligence regulation in the EU (AI Act) is a horizontal legal ... more The proposal for the Artificial Intelligence regulation in the EU (AI Act) is a horizontal legal instrument that aims to regulate, according to a tailored risk-based approach, the development and use of AI systems across a plurality of sectors, including the financial sector. In particular, AI systems intended to be used to evaluate the creditworthiness or establish the credit score of natural persons are classified as “high-risk AI systems”. The proposal, tabled by the Commission in April 2021, is currently at the center of intense interinstitutional negotiations between the two branches of the European legislature, the European Parliament and the Council. Without prejudice to the ongoing legislative deliberations, the paper aims to provide an overview of the main elements and choices made by the Commission in respect of the regulation of AI in the financial sector, as well as of the position taken in that regard by the European Parliament and Council.
2023 ACM Conference on Fairness, Accountability, and Transparency
The proposed EU regulation for Artificial Intelligence (AI), the AI Act, has sparked some debate ... more The proposed EU regulation for Artificial Intelligence (AI), the AI Act, has sparked some debate about the role of explainable AI (XAI) in high-risk AI systems. Some argue that black-box AI models will have to be replaced with transparent ones, others argue that using XAI techniques might help in achieving compliance. This work aims to bring some clarity as regards XAI in the context of the AI Act and focuses in particular on the AI Act requirements for transparency and human oversight. After outlining key points of the debate and describing the current limitations of XAI techniques, this paper carries out an interdisciplinary analysis of how the AI Act addresses the issue of opaque AI systems. In particular, we argue that neither does the AI Act mandate a requirement for XAI, which is the subject of intense scientific research and is not without technical limitations, nor does it ban the use of black-box AI systems. Instead, the AI Act aims to achieve its stated policy objectives with the focus on transparency (including documentation) and human oversight. Finally, in order to concretely illustrate our findings and conclusions, a use case on AI-based proctoring is presented.
The Proposal for the Artificial Intelligence Act: Considerations around Some Key Concepts
SSRN Electronic Journal
A System of Governance for Artificial Intelligence through the Lens of Emerging Intersections between AI and EU Law
Social Science Research Network, 2019
The work provides an overview and a comment of the Communication on Artificial Intelligence (AI) ... more The work provides an overview and a comment of the Communication on Artificial Intelligence (AI) adopted by the European Commission in April 2018. By offering a bird’s-eye view of those law and policy areas potentially relevant for or affected by AI, the AI Communication sets the stage for understanding how pervasively and extensively AI is likely to be mainstreamed in our economies and societies. Whether it is about safety of products, liability, consumer protection, personal data protection or the foundational values, principles and rights on which the European project is based on, AI is very rapidly cutting across domains. The work identifies and investigates some of the many intersections between AI and EU law. Two main “disrupting” trends emerge. According to the first trend, AI seems to exercise some pressure on existing regulatory frameworks, such as in the areas of product safety, liability and consumer protection. As regards product safety, the main concerns seem to revolve...
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Papers by Gabriele Mazzini