regulation

The European Union has finalized a groundbreaking law to regulate AI, potentially setting a global standard. This legislation, part of the EU's AI Act, aims to balance the rapid advancement of AI technology with necessary oversight and risk management. Key aspects include stringent requirements for AI applications deemed "high risk" in sectors like autonomous vehicles and medical devices. Continue Reading →

Japan is leaning toward a softer stance on AI regulation than the European Union, according to a government official. The Land of the Rising Sun seems to be aligning more with the U.S. perspective in a bid to stimulate economic growth and establish itself as a leader in advanced chip technology. Continue Reading →

Shelly Palmer, Tech Expert and Professor of Advanced Media at Syracuse University, discusses the artificial intelligence regulation with Dan Bowens and Tashanea Whitlow on Fox 5 New York's Good Day Wake Up. Original Airdate: June 27, 2023 Continue Reading →

OpenAI, the nice people who brought you ChatGPT, has proposed the creation of an international regulatory body for AI, similar to the International Atomic Energy Agency. This comes in response to the rapid pace of AI innovation and the potential risks associated with it. Continue Reading →

Today on Shelly Palmer LIVE (12:15 p.m. ET on YouTube Live), I'm going to demonstrate PrivateGPT: a large language model running locally on my personal computer with no internet access required. It is trained on my private data, which is secure (because it is running locally). Continue Reading →

The European Parliament is advancing toward the West's first AI regulations with the "European AI Act." This new law proposes a risk-based approach to AI regulation, categorizing AI applications into four risk tiers: unacceptable, high, limited, and minimal or no risk. Continue Reading →

Italy has become the first Western country to ban ChatGPT, the widely-used AI chatbot from OpenAI. The Italian Data Protection Watchdog (Garante) ordered OpenAI to temporarily stop processing Italian users' data while investigating a potential breach of Europe's strict privacy regulations. The ban raises crucial questions on AI regulation, data privacy, and the balance between innovation and control. Continue Reading →

A nearly-completed text of MiCA (The European Union’s Markets in Crypto Assets) regulations has leaked, and it is going to be brutal. How brutal is yet unknown, but lawmakers seem to be happy with their work. Continue Reading →

Monday, the SEC filed a federal lawsuit against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO). Not an unusual lawsuit; the SEC is in the practice of suing purveyors of ICOs it believes fall under its jurisdiction. However... Continue Reading →

President Biden’s March 9 Executive Order (EO) on Ensuring Responsible Development of Digital Assets outlined the first whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. Continue Reading →