regulation
It’s May 30 and it's a week to go before the European elections. Across Europe, people are bracing for a surge of support for the far-right in the European Parliament. But what of the far left? It's a small but loud faction, drawing the support of many young voters. It’s also the only group on the left of the political spectrum that is expected to gain seats. We also discussed the global race for AI and the European Commission's attempts to remain competitive. This podcast is also produced by the journalist Eleonora Vasques and the sound engineer Zacharia Vigneron. Music by Alexandre Jas.
Euronews (English)
A former board member of OpenAI has shed new light on last year’s firing of company CEO Sam Altman. In an episode of The Ted AI Show podcast titled What really went down at OpenAI and the future of regulation, Helen Toner spoke with host Bilawal Sidhu about Altman’s departure and subsequent return, as well as the need for sound and thorough AI regulation — an issue of paramount importance for CIOs, who not only need to deal with AI governance in the enterprise, but must also be able to trust the technologies they are using. In introducing Toner, the director of strategy and foundational resear...
CIO
In 2012, Time magazine ran a piece titled "A Booze of One's Own: The Micro Distillery Boom," which heralded the coming rise of locally sourced, handcrafted, small-batch distilleries that were popping up across America. At the time, there were 250 craft distilleries in the country—up from around 50 in 2005—and the article boldly asserted that in just 10 years' time, there could be over a thousand. A decade later, there were well over 2,600 craft distilleries in America, and industry observers thought this was only the beginning. Outlets like Imbibe magazine ran headlines as recently as 2022 pro...
Reason
The House Foreign Affairs Committee has advanced a bill that would enhance the White House’s ability to regulate the export of AI systems, amid ongoing efforts to tighten grip on key technologies. “The US-China Economic and Security Review Commission reported last year that China is using commercial AI advancements to prepare for military conflict with Taiwan,” bill co-author and House Representative Michael McCaul said in a statement. “We must understand that whoever sets the rules on its application will win this great power competition and determine the global balance of power.” McCaul emph...
CIO
Sixteen big users and creators of artificial intelligence (AI) technology — including heavy hitters such as Microsoft, Amazon, Google, Meta, and OpenAI — have signed up to the Frontier AI Safety Commitments, a new set of safety guidelines and development outcomes for the technology. They revealed the commitments on Tuesday, as two days of talks on AI were set to begin at the AI Seoul Summit in Korea. The signatories agreed to publish — if they have not done so already — safety frameworks outlining on how they will measure the risks of their respective AI models. The risks might include the pot...
CIO
Washington (AFP) - US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities. "The vulnerabilities of nonbank mortgage companies can amplify shocks in the mortgage market and undermine financial stability," said Yellen at an open session of a Financial Stability Oversight Council (FSOC) meeting. She added that the council has laid this out in detail for the first time. Nonbank financial companies do not have a full banking license but can offer various banking services. On Friday, Yellen ...
AFP
Belgian authorities will be responsible for monitoring Telegram and addressing all European complaints about the messaging app. Telegram is based in Dubai but has chosen legal representation in Belgium, a spokesman for the Belgian Institute of Post and Telecommunications (BIPT) confirmed to Euronews Next. The EU's Digital Services Act (DSA), which took effect in February, requires companies located outside the bloc to have legal representation in one of the member states. EU countries must also designate an independent authority to supervise companies' compliance with the new rules. This will ...
Euronews (English)
The European Union’s Digital Markets Act (DMA) should have been a game-changer in Europe's quest to tame the titans of cyberspace. However, now that the DMA has come into force, it looks set to stumble into the same pitfalls as past EU endeavours. Brussels has once again cast too wide a regulatory net, strangling competition and innovation and leaving consumers scratching their heads in frustration. The EU hopes cracking down on tech giants, the gatekeepers of our digital world, will open the floodgates to competition, innovation, and better deals for consumers. But history tells a different t...
Euronews (English)
San Francisco (AFP) - Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those banned in schools in ultra-conservative parts of the United States. Now the online platform she relies on to support her family is poised to be banned in what entrepreneurs using TikTok condemn as an attack on their livelihoods. "It's so essential to small businesses and creators; it's my full-time job," the 23-year-old Chicago resident told AFP. "It makes me really worried that I live in a country that would pass bans like these instead of focusing on what's...
AFP
San Francisco (AFP) - Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress. The US House of Representatives is set to vote on Saturday on a bill that would force TikTok to divest from Chinese parent company ByteDance or face a nationwide ban. The measure, which has the vocal backing by many Democrats and Republicans, has also been written into a massive aid package for Ukraine, Israel and Taiwan, which could ease its passage...
AFP
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