Balancing AI Innovation and Equitable Health Benefits with Professor Effy Vayena

On this episode of Regulating AI, I sit down with Professor Effy Vayena, Chair of Bioethics and Associate Vice President of Digital Transformation and Governance of the Swiss Federal Institute of Technology (ETH) and Co-Director of Stavros Niarchos Foundation Bioethics Academy. Together we delve deep into the world of AI, its ethical challenges, and how thoughtful regulation can ensure equitable benefits.

Key Takeaways:

(03:45) The importance of developing and using technology in ways that meet ethical standards.

(10:31) The necessity of agile regulation and continuous dialogue with tech developers.

(13:19) The concept of regulatory sandboxes for testing policies in a controlled environment. 

(17:07) Balancing AI innovation with patient privacy and data security.

(24:14) Strategies to ensure AI benefits reach marginalized communities and promote health equity.

(35:10) Considering the global impact of AI and the digital divide.

(41:06) Including and educating the public in AI regulatory processes.

(44:04) The importance of international collaboration in AI regulation.

Resources Mentioned:

Professor Effy Vayena - https://www.linkedin.com/in/effy-vayena-467b1353/

Swiss Federal Institute of Technology (ETH) - https://www.linkedin.com/school/eth-zurich/

ETH Zurich - https://ethz.ch/en.html

European Union’s AI Act - https://digital-strategy.ec.europa.eu/en/policies/regulatory-framework-ai

U.S. FDA guidelines on AI in medical devices - https://www.fda.gov/medical-devices/software-medical-device-samd/artificial-intelligence-and-machine-learning-software-medical-device

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