Regulating adaptive medical artificial intelligence: Can less oversight lead to greater compliance?

• Main Authors: LAI, Jiayi, XU, Liang, FANG, Xin, DAI, Tinglong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2024
• Subjects: Medical artificial intelligence; Health policy; AI development; Inspection games; Artificial Intelligence and Robotics; Health Information Technology; Operations and Supply Chain Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7644; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8643/viewcontent/ssrn_5009572.pdf
• Institution: Singapore Management University

As of June 2024, the U.S. Food and Drug Administration (FDA) has approved 950 medical artificial intelligence (AI) devices. The current regulatory framework freezes AI algorithms after approval, requiring new submissions for updates to ensure compliance with Good Machine Learning Practices (GMLP). T...