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For general-purpose AI, transparency requirements are imposed, with reduced requirements for open source models, and additional evaluations for high-capability models. [8] [9] The Act also creates a European Artificial Intelligence Board to promote national cooperation and ensure compliance with the regulation. [10]
Many tech companies oppose the harsh regulation of AI and "While some of the companies have said they welcome rules around A.I., they have also argued against tough regulations akin to those being created in Europe" [13] Instead of trying to regulate the technology itself, some scholars suggested developing common norms including requirements ...
White House national economic advisor Lael Brainard and acting Labor Secretary Julie Su said in an op-ed piece published in Yahoo Finance Tuesday that the Labor Department is creating a set of ...
Directive 2014/65/EU on markets in financial instruments known as MIFID 2: It applies to investment firms, market operators, data reporting services and third-country firms (with a branch in the EU) and establishes requirements related to authorisations, operating conditions, rules on transparency, specific rules for regulated markets, etc. [53 ...
Trustworthy AI is also a work programme of the International Telecommunication Union, an agency of the United Nations, initiated under its AI for Good programme. [2] Its origin lies with the ITU-WHO Focus Group on Artificial Intelligence for Health, where strong need for privacy at the same time as the need for analytics, created a demand for a standard in these technologies.
The Government is keen to establish a set of safety processes for AI firms to follow as it looks to place the UK as a world leader in the development of safe artificial intelligence.
European company law is the part of European Union law which concerns the formation, operation and insolvency of companies (or corporations) in the European Union.The EU creates minimum standards for companies throughout the EU, and has its own corporate forms.
Some former and current employees at AI technology companies have signed a letter highlighting the risks posed by these technologies. ... Free Stock Analysis Report. This article Open Letter For ...