Source: Fortune
Summary
UL Solutions, a safety science company, has introduced a new standard for AI-embedded products, UL 3115, to ensure safety and robustness. CEO Jennifer Scanlon discussed the importance of safety in innovation and the need for private-sector standards to fill the regulatory gap. The standard evaluates AI-enabled products for safety, robustness, and governance, with a focus on human oversight. Two products have already been certified, and UL aims to provide confidence to customers and consumers.
Our Reading
The announcement sounds familiar.
UL Solutions is taking a proactive approach to address the lack of regulation in the AI industry. CEO Jennifer Scanlon emphasizes the importance of safety in innovation, stating “Innovation without safety is failure.” The company’s expertise in functional safety is being applied to AI-embedded physical products, with a focus on transparency, bias, and human oversight. The new standard, UL 3115, is a step towards providing guardrails for fast-moving technologies.
UL’s move can be seen as a attempt to fill the regulatory gap, as the government has not yet provided clear guidelines for AI regulation. The company’s customers are seeking broader protections and assurances, and UL’s standard aims to provide confidence in the safety of AI-enabled products.
The strategy enters a familiar phase, as companies take matters into their own hands to address regulatory uncertainty.
Author: Evan Null
