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The budgetary process does not take into consideration the impacts of government spending on racial equality, preventing governments from prioritizing policies that could make a positive contribution to reduce inequality among different racial groups in society. What is Racial Equity Budgeting?
On March 28, 2024, the Office of Management and Budget (OMB) released Memorandum M-24-10 , Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (Memo), updating and implementing OMB’s November 2023 proposed memorandum of the same name. race, age, sex, etc.);
Section 2(g) refers to AI risk management, and states that It is important to manage the risks from the Federal Government’s own use of AI and increase its internal capacity to regulate, govern, and support responsible use of AI to deliver better results for Americans. These efforts start with people, our Nation’s greatest asset.
They also suggested that the Office of Management and Budget update its guide to privacy impactassessments, which agencies are supposed to conduct before deploying new technologies, to include AI-related considerations. In the Oct.
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