Tag: Regulations

Deeptech is transforming the technology landscape in India & all over the world. AI, Machine Learning, IoT, BigData, & Robotics are leading the changes in businesses. With 3000+ deeptech startups & growing adoption due to pandemic, the industry is booming. Privacy is a key differentiator & investors are cautious to make deeptech sustainable & profitable. From experts to C-Level executives, everyone is part of the transformation journey in India.

. Hong Kong is closely monitoring the risk and potential of ChatGPT, an AI-based tool which has gained quick popularity over the last few months. Sun Dong, the city's technology minister, has recently indicated that it will not be adopted for internal government use. Regulations from the Chinese internet regulator are in place to prevent instances of discrimination and protect individual privacy. Hong Kong is creating AI-infused solutions and has plans for setting up a supercomputing hub. While ChatGPT has tremendous potential, it also comes with a fair share of challenges - Hong Kong still needs to figure out how to regulate and leverage it.

The European Data Protection Board (EDPB) is looking to safeguard privacy within the European Union by creating a universal policy on AI chatbots. Italy and Spain have started investigations into OpenAI's ChatGPT and the EDPB has assembled a task force to review the privacy concerns, develop an EU-wide policy and ensure the legal use of AI applications. This task force, set to deliver rights and responsibilites, ensures responsible development of AI and user protection.

. Hong Kong's technology minister Sun Dong recently declared the government's current stance on ChatGPT, an AI-based chatbot service developed by OpenAI: due to potential risks, limited access, and privacy concerns, it won't be employed by the government. Authorities are monitoring the development of such tools and exploring opportunities to use them. Regulations on this technology are also being developed for safety. ChatGPT, which was quickly adopted by millions, is banned in some parts of the world due to privacy issues, raising ethical questions.

The European Network of Data Protection Authorities is taking a closer look into OpenAI's ChatGPT technology and its potential for breaching data protection laws. With governments and businesses alike increasingly concerned about the ethical implications of AI, the Spanish agency AEPD has announced a preliminary investigation. Stay informed about the potential consequences and learn what regulatory steps the EU is taking.