Topic: regulation

The impact of AI regulation on R&D

Artificial intelligence (AI) continues to maintain its prevalence in business, with the latest analyst figures projecting the economic impact of AI to have reached between $2.6 trillion and $4.4 trillion annually.  However, advances in the development and deployment of AI technologies continue to raise significant ethical concerns such as bias, privacy invasion and disinformation. These concerns … continue reading

EU reaches provisional agreement for new AI regulation

Over the weekend, the European Council presidency and the European Parliament’s negotiators concluded three days of talks to reach a provisional agreement on a proposal for regulating AI in the European Union (EU).  “The draft regulation aims to ensure that AI systems placed on the European market and used in the EU are safe and … continue reading

EU rejects Facebook’s proposed online regulations

Facebook’s proposal to the EU to tone down what the company called “intrusive regulations,” was rejected. European commissioner for the internal market Thierry Breton said that it was up to Facebook to adopt Europe’s standards, and not the other way around.  The proposal came in the form of a whitepaper, which argued to ensure accountability … continue reading

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