Major nations split over artificial intelligence (AI) regulation this week, as Australia committed to strict oversight, while the EU raced to implement its AI Act, and OpenAI will reportedly unveil a national AI plan. The regulatory divide deepened just as banks and financial firms accelerated...
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing...
LinkedIn has thrust its 930 million users into an unexpected role: unwitting AI trainers, igniting a firestorm over data privacy and consumer trust. The professional networking giant’s recent User Agreement and Privacy Policy update, which will take effect on Nov. 20, has caused concern in...
As artificial intelligence (AI) experts urge for greater transparency and oversight in a Senate testimony, California is enacting laws protecting actors from unauthorized AI cloning, highlighting the growing push for responsible AI governance. Meanwhile, tech companies like Diligent are stepping up to offer compliance tools...
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing enthusiasm with practical challenges as nations and organizations navigated the […]
August 13, 2024
The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for...
November 09, 2023
The perfect artificial intelligence (AI) regulation should ensure the technology doesn’t turn on its creators. But it also needs to ensure that the regulation itself doesn’t turn on the technology,...
August 29, 2023
Lawmakers around the globe are organizing their efforts to tackle artificial intelligence (AI) more aggressively. Both Beijing and Brussels have struck first, although the European Union’s (EU) AI Act has...
December 19, 2024
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said in an interview with the Financial Times (FT) Thursday (Dec. 19) that Europe’s “adversarial” relationship with tech companies is hindering broader efforts to regulate artificial intelligence (AI). He said the U.S. […]
May 23, 2024
At the VivaTech conference in Paris on Wednesday (May 22), executives from Amazon and Google spoke about the potential of artificial intelligence (AI) and its positive impact on economies and...
May 21, 2024
The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global standard for the regulation of...
May 13, 2024
Artificial intelligence (AI) startup Anthropic has launched its AI assistant Claude in Europe. The web-based version Claude.ai, the Claude iOS app, and the subscription-based Claude Team plan that allows businesses to access the Claude 3 model family, are now available...
