Tag: Transparency

Recently, Italy made international headlines when it became the first western country to ban OpenAI's AI-powered chatbot ChatGPT. Italy's Data Protection Authority demanded OpenAI to comply with GDPR in order to process user data. This sparked conversation on the implications of AI regulations, privacy and ethics, drawing attention to the challenges associated with the technology. Experts point to data privacy, transparency, and user consent as important factors for success in AI. Countries such as the UK and EU are also taking action to create frameworks for responsible use of AI, so that innovation can continue to be successful and ethically integrated.

OpenAI, an American AI chatbot service, was recently ordered by the Italian Data Protection Agency to halt their data processing of individuals within Italy. In response to this, Garante expressed their requirements of OpenAI, including heightened transparency, age-gating procedures, and stronger age verifications. OpenAI has since adopted measures for data protection such as encryption and authentication protocols. Garante's demand admonishes OpenAI to continue to keep customer data safe and secure.

Aaditya Thackeray expressed his disapproval towards the Maharashtra government and how it is suppressing its growth. He highlighted the lack of faith in the judiciary and the tendency of citizens to be diverted by other issues, not related to the pressing issues such as inflation and unemployment. GITAM (Deemed to be University) is facilitating Changemakers series to bring global leaders, including Aaditya, to inspire change for the betterment of society. He is also looking for sustainable solutions to combat climate change.

Xilva is a company that uses data and AI technology to create transparency in the voluntary carbon market, allowing corporations to invest in projects with an eye on their environmental and social impact and the risks associated. After securing 1.8 million Euros, Xilva is looking to increase its team and get closer to the carbon credit market projected to grow to $40 billion by 2030.

Learn how AI solutions can predict and reduce human errors. Verizon's 2022 Data Breach Investigations Report reveals 82% of global cyber incidents were caused by human errors while Aaron Klein of the Brookings Economic Studies Program shares his opinion on how to reduce bias with AI. Join top execs on July 11-12 to gain insight on how companies are leveraging AI investments for success.