In this article: In 2024, landmark bills in the EU and California set the tone for emerging AI regulations. Several countries are expected to introduce new AI regulations in 2025. From an early focus on applying existing frameworks to the new technology, a growing number of lawmakers now support dedicated legislation. Click the link to […]
AI Governance
In this article: The article discusses the potential economic impact of AI and generative AI in particular. It states that AI could contribute up to $15.7 trillion to the global economy by 2030, with $6.6 trillion from increased productivity and $9.1 trillion from benefits to consumers. The generative AI market is expected to grow rapidly […]
In this article: The IRS is increasing its investigator workforce to combat various criminal activities. Criminals are leveraging AI tools to execute more sophisticated and high-volume fraud schemes. The IRS Criminal Investigations branch is also evaluating the use of AI tools to counteract these schemes, using them in some cases while analysing their effectivity in […]
In this article: The article discusses the increasing use of artificial intelligence (AI) in the legal industry. It highlights how AI is being used to assist lawyers and judges in various tasks, such as analyzing evidence, writing contracts, and resolving legal disputes. The article focuses on two main aspects: 1. The use of AI in […]
In this article: Key AI Issues for Maryland’s 2025 Legislative Session AI’s Growing Role: AI continues to transform industries and government operations, necessitating thoughtful regulation to maximize benefits and mitigate harms. Maryland’s 2024 AI Legislation: Artificial Intelligence Governance Act (Chapter 496): Establishes regulations for state agency AI use, mandates system inventories and impact assessments, and […]
In this article: As one of the new BRICS partners, Indonesia has immense potential to leverage this network to accelerate the implementation of its national AI strategy. Indonesia’s AI Strategy within BRICS New BRICS Membership: Indonesia joins BRICS alongside Belarus, Bolivia, Kazakhstan, Thailand, Cuba, Malaysia, Uganda, and Uzbekistan starting January 1, 2025, following the expansion […]
In this article: Trustworthy by Design AI Act Proposed Legislation: Senate Democrats Sens. Peter Welch (D-Vt.) and Ben Ray Luján (D-N.M.) introduced the Trustworthy by Design Artificial Intelligence Act. NIST’s Role: Tasks the National Institute of Standards and Technology (NIST) with developing a “trustworthy-by-design” framework for AI systems. Evaluation Criteria: NIST to define “key trustworthiness […]
In this article: AI Regulation Progress in the U.S. Establishment of AI Safety Review Office Located in the Department of Commerce. Aims to promote AI safety regulations while maintaining U.S. AI leadership. Focus on AI Regulation Ensures safety while supporting the dominance of U.S.-based AI companies. Click the link to read more details https://www.msn.com/en-us/news/technology/the-us-has-a-new-ai-safety-review-office/ar-AA1wwQu4 […]
In this article: The Illinois Supreme Court, the highest court in the US state of Illinois, is one of the first US states to regulate the use of artificial intelligence in the legal system. The Supreme Court of the US state of Illinois has adopted principles on the use of artificial intelligence (AI) for judges, […]
In this article: AI and Cartelization Risks Potential for Collusion AI can enable cartelization by automating collusive behavior through predictive algorithms. Competition concerns arise if algorithms are manipulated. Competition Commission of India (CCI) Actions Focused on developing ecosystems for algorithmic transparency and accountability. Aims to balance innovation promotion with regulation. Ongoing Study on AI and […]
