In this article: The Competition Commission of India (CCI) on Friday has chosen Management Development Institute Society (MDIS) to conduct market study on artificial intelligence (AI) and competition. The terms of the contract with MDIS includes understanding of certain key AI systems, stakeholders, value chains, and market structures, etc. https://data.europa.eu/en/news-events/news/international-day-democracy-focus-artificial-intelligence-good-governance
Responsible AI
In this article: The newly adopted EU AI Act represents a pivotal milestone that heralds a new era of AI regulation across industries. With its broad territorial scope and applicability, this comprehensive legislation establishes stringent requirements for AI systems. This article, analyzes the AI Act’s impact on digital medical products, such as medical devices: How […]
In this article: Lord Chris Holmes, a UK House of Lords peer, advocates for ethical AI use. He emphasizes AI as a top national and international risk. Proposed the Artificial Intelligence Regulation Bill to ensure ethical AI development. Key principles: trust, transparency, inclusion, innovation, public engagement, accountability. Warns of AI’s potential to cause catastrophic harm […]
In this article: An overview of enacted and pending US federal and state legislation regulating deepfakes (also known as synthetic media), and steps companies can take to minimize the risks posed by deepfakes. https://www.reuters.com/practical-law-the-journal/litigation/recent-developments-regulation-deepfakes-2024-09-01/
In this article: The government has made it abundantly clear that Artificial Intelligence (AI) is going to play a pivotal role in implementing the Smart Bangladesh vision. Following this vision, the government has recently unveiled a draft National Artificial Intelligence (AI) Policy 2024 for public consultation. The government has been trying to create a pathway […]
In this article: Privacy Concerns: AI systems process large amounts of personal data, raising privacy issues. AI Act Focus: Emphasizes data minimization, purpose limitation, and transparency. GDPR Compliance: Organizations must align AI with GDPR standards. Data Protection: Robust measures are essential for AI system design Stakeholder Engagement: Involving employees, customers, and regulators is key. Building […]
In this article: Collaborations with global technology giants such as Google, Ericsson, Microsoft and Huawei are crucial in upskilling Malaysian professionals in artificial intelligence (AI) adoption as they have established a strong presence in Malaysia, provided support and funding and created high-tech job opportunities. OM Connect Sdn Bhd (OpenMinds) founder Jan Wong said that due […]
In this article: UC Berkeley School of Law is accepting applications for its new program, set to begin next summer, which will focus on artificial intelligence, or AI. The Master of Laws, or LLM, program is suited toward practitioners and academics who have already obtained a Juris Doctor, or JD, said Berkeley Law Assistant […]
In this article AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed. This approach utilises machine learning, Natural Language Processing (NLP), and predictive analytics, turns vast amounts of raw data into actionable insights. The global AI in FinTech market was valued at […]
In this article As artificial intelligence (AI) becomes ubiquitous in business, conversations around ethical AI use are too. But today’s leaders are doing more than talking about ethics—they are making ethics part of their training, governance, and decision-making. These insights from Deloitte’s latest survey can help you do the same. https://www2.deloitte.com/us/en/pages/about-deloitte/articles/todays-leaders-on-workforce-decisions-on-ethical-ai.html?nc=42
