Snap has become a signatory to the EU's AI Pact, aligning with the Act's goal of promoting trustworthy AI. The company's commitments include developing an AI governance strategy, identifying high-risk AI systems, and promoting AI awareness.
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| Snap Inc. has joined the EU's AI Pact, demonstrating its commitment to ethical AI development. The company has made key commitments to AI governance, high-risk AI mapping, and AI literacy. Symbolic image |
Santa Monica, California, USA - September 26, 2024:
Snap Inc., the parent company of popular social media platforms like Snapchat, has formally joined the AI Pact launched by the European Commission. This commitment marks a significant step towards ensuring the development and deployment of trustworthy AI technologies within the company's operations.
The EU's AI Pact serves as a voluntary framework for companies to adopt responsible AI practices ahead of the full implementation of the AI Act. By signing up to the pact, Snap has pledged to align its AI governance strategy with the objectives of the AI Act, which aims to protect the fundamental rights of European citizens and ensure the safe and ethical use of AI.
Snap will implement a comprehensive AI governance strategy to promote the responsible and ethical use of AI within its organization. This strategy will focus on fostering a culture of AI accountability and ensuring compliance with relevant regulations.
Snap will conduct a thorough mapping of its AI systems to identify any potential high-risk applications. This assessment will help the company proactively address potential risks and ensure that its AI systems adhere to the stringent requirements outlined in the AI Act.
Snap will prioritize the training and education of its employees to enhance their understanding of AI technologies and their potential implications. By promoting AI literacy, Snap aims to empower its workforce to make informed decisions and contribute to the responsible development of AI.
Snap's decision to join the AI Pact is a testament to its commitment to transparency, accountability, and ethical AI practices. By aligning its AI initiatives with the EU's framework, Snap is demonstrating its willingness to contribute to the development of a global AI ecosystem that prioritizes trust, fairness, and human rights.
As the AI landscape continues to evolve, it is essential for companies to adopt responsible AI practices. Snap's commitment to the AI Pact sets a positive example for other tech giants and highlights the importance of proactive engagement with regulatory frameworks to ensure the beneficial and ethical use of AI technologies.