In this article: The European Union’s (EU) Artificial Intelligence Act is set to come into effect on August 1. It will help to protect the pillars of the EU, however it will also increase compliance costs for foreign companies looking to do business with European Union. Chinese companies in particular are expecting to have to […]
AI Regulation
In this article: Purpose: Protect journalists and artists from unauthorized use of their work by AI models. Directed Agency: National Institute of Standards and Technology (NIST). Responsibilities of NIST: Create standards and guidelines for proving the origin of content. Develop methods for detecting synthetic content, such as watermarking. Implement security measures to prevent content tampering. […]
In this article: Organization: Insurance and Pension Denmark (I&P Denmark) Warning: I&P Denmark warns against “Danish over-implementation” of the EU’s AI regulation. Concern: Over-implementation could lead to unnecessarily strict rules and increased administration. EU AI Regulation: Recently published and will officially come into force on 1 August. Comment by Thomas Brenøe: Position: Director of insurance […]
In this article: The Global Regulatory Brief provides monthly insights on the latest risk and regulatory developments. This brief was written by Bloomberg’s Regulatory Affairs Specialists From financial services use-cases of AI in the EU to data protection in Hong Kong, the a rticle lists some developments in digital finance over the past month https://thelens.slaughterandmay.com/post/102jcvb/eu-ai-act-published-today-enters-into-force-1st-august […]
In this article: EU AI Act Publication: The EU AI Act was published in the Official Journal today. Effective Date: The Act will enter into force 20 days later, on 1st August. Timeline for Substantive Rules: Most of the Act will not take effect for another two years, with some rules having an even longer […]
In this article: Latest projections of the economic impact of AI to have reached between $2.6 trillion and $4.4 trillion annually. However, advances in AI and its deployment continue to raise concerns on bias, privacy etc While some contend that regulating AI might stifle innovation etc, the prevailing consensus is that AI regulation is necessary […]
In this article: The incoming European Parliament will continue work on a legal framework to determine liability in case of defaults in AI products, following the AI Act’s enforcement on August 1. There is ongoing division between the Brussels tech lobby and consumer organizations regarding the need for additional rules. The European Commission proposed the […]
In this article: Microsoft is stepping down from the OpenAI board. Google has reportedly disbanded its machine learning privacy team. Both vendors face investigations. https://www.techtarget.com/searchenterpriseai/news/366593593/Microsoft-Google-make-moves-amid-regulators-AI-scrutiny
In this article: Kentucky lawmakers on the General Assembly’s Artificial Intelligence Task Force learned about AI usage and potential legal frameworks. The task force’s first meeting featured presentations from technology and government experts on AI history, state government applications, and legislation in other states. Discussions in interim sessions about AI are expected to influence legislation […]
In this article: Today the amendment to the EuroHPC JU regulation expanding the objectives of the JU to include the development and operation of AI factories enters into force. It marks the beginning of a new era for the JU and for the development of AI in Europe. Microsoft ditches OpenAI board observer seat amid […]
