In this article: National cloud policy to focus on four key areas, Malaysia PM says National AI office to coordinate initiatives, set up regulatory framework within 12 months, PM says Google says Malaysia investments to create 26,500 jobs, add $3 bln to GDP https://www.reuters.com/technology/google-says-its-investments-will-add-3-bln-malaysias-gdp-by-2030-create-26500-2024-10-01/
AI Regulation
In this article: In this Euronews Debates co-produced with CGTN, an international panel of experts discussed the potential benefits, risks and regulatory challenges of AI. The panel, which included Yi Zeng of the Beijing Academy of Sciences, Dr Amr Awadallah of Vectara, Srikant Chakravarti of Curio AI and Rose Luckin of UCL Knowledge Lab, discussed […]
In this article: As AI systems become more complex, companies are increasingly exposed to reputational, financial and legal risks from developing and deploying AI systems that do not function as intended or that yield problematic outcomes. The risks of AI, and the legal and regulatory obligations, differ across industries, and depend on whether the company […]
In this article: Vetoed Bill: Governor Newsom vetoed SB 1047, which aimed to regulate AI model development. Bill Author: State Senator Scott Wiener authored the bill, focusing on requiring safety protocols for AI models. High Threshold: The bill would have applied only to AI models costing over $100 million and utilizing 10^26 FLOPS during training. […]
In this article: The European Commission has today announced the list of independent experts from the EU, US and Canada tasked to lead work on drafting a Code of Practice on General Purpose Artificial Intelligence, which includes language models such as ChatGPT and Google Gemini. The 13 experts set to lead four different workstreams that […]
In this article: Governor Newsom announced that the “godmother of AI,” Dr. Fei-Fei Li, as well as Tino Cuéllar, member of the National Academy of Sciences Committee on Social and Ethical Implications of Computing Research, and Jennifer Tour Chayes, Dean of the College of Computing, Data Science, and Society at UC Berkeley, will help lead […]
In this article: Investment in AI: IBM advocates for continued investment in AI but believes it should be steered in a new direction to avoid stifling innovation. Caution on Overregulation: IBM is concerned that overregulation of AI technology itself could hinder progress in the field. Regulate Risks, Not Technology: Braim suggests that regulators should focus […]
In this article: Signed AI Bills: Gov. Gavin Newsom has signed laws regulating political deepfakes and protecting voice actors’ digital likeness. SB 1047 Status: The governor has yet to sign SB 1047, which addresses harm prevention in AI development. Innovation vs. Safety Debate: The bill has sparked debate over balancing innovation with safety, and the […]
In this article: 2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. This month, The Fintech Times will look at some of the biggest issues regarding compliance and financial rules, as well as the solutions hoping to ease the compliance journey for firms and make the […]
In this article: With election season in full bloom, and politics, rather than policy, in the spotlight, U.S. agencies and regulators should take steps to continue to promote the responsible development and deployment of artificial intelligence. Rather than waiting for a partisanly hyper-charged Congress to create new regulations from scratch, agencies can deploy their current […]
