Tag: Negotiations

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Hollywood Industry Braces for Potential Strike as Actors and Writers Await, Causing Concerns over a Financial Downturn.

Read about the potential strikes by actors and writers threatening cash flow in Hollywood. The impact could be significant on the entertainment industry and its stakeholders.

EU Parliament Approves AI Regulations to be Implemented Soon

The European Union leads the way in regulating AI, with approval of the AI Act. The legislation aims to mitigate risks and increase accountability for high-risk applications. It sets out increased disclosure obligations while balancing innovation with oversight.

AI Faces Possible New Regulations in the EU to Address Risks to Consumers

The EU is introducing the AI Act to address privacy risks and bans on discriminatory practices. The law categorizes risk and requires transparency. It could influence how the US and other countries create their regulatory systems around AI.

OpenAI’s concerns about the EU’s AI Act extend beyond excessive regulation and involve its current competitiveness.

OpenAI CEO Sam Altman voices concerns over EU AI regulation, stating it could halt services like ChatGPT and hamper technological advancements, leading to overregulation.

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