IAPP · AIGP
Assessments, contracts, and own models
AIGP · Lesson 14 of 15 · 1:58:00
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In this lesson
Prepare for the IAPP AIGP exam, on the AIGP Body of Knowledge version 2.1. In this lesson: the deployer's impact assessment in its own context, the EU AI Act's fundamental rights impact assessment (public bodies, public services, credit scoring, life and health insurance pricing), AI vendor contracts (data use, intellectual property and indemnification, liability, audit and notice rights, license restrictions, exit terms), and the trade-offs of building a proprietary model. Includes three original practice questions, with Elmstead Group, a fictional retail and finance group, as the example.
Preview the topics
- Elmstead will use a vendor’s high-risk AI system to set credit limits on its store cards in the EU. Which step does the AI Act require from Elmstead before first use?
- Elmstead’s vendor offers standard terms that let it use customer prompts to improve its models, and cap its liability at one month of fees. Elmstead will send customer data in prompts. What should the governance lead do?
- Elmstead’s board wants to develop its own credit scoring model, and sell it to other retailers in the EU. What changes for Elmstead’s governance?