Trust is at the core of most, if not all, successful ventures, initiatives and relationships. This human concept extends to the digital realm, and the advancement of artificial intelligence (“AI“) solutions into an ever-increasing number of everyday tasks brings the issue of trusted AI models clearly into the limelight.
Seeking to ensure that generative AI is utilised in a safe and responsible manner where trust is sustained, the Infocomm Media Development Authority (“IMDA“) and the AI Verify Foundation announced, on 31 October 2023, the first of its kind Generative AI Evaluation Sandbox (“Sandbox“). The Sandbox will bring together key global players to build capabilities in the testing and evaluation of generative AI and is part of efforts to have a common standard approach to assess generative AI. The Sandbox utilises a new draft Evaluation Catalogue that sets out common baseline methods and recommendations for Large Language Models (“LLMs“).
In this Update, we briefly explore the risks associated with generative AI models, the key aspects of the Sandbox and how Rajah & Tann can help you successfully navigate the myriad of issues relating to the adoption of AI solutions to meet your business needs.
For more information, click here to read the full Legal Update.