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Showing posts with the label REGULATIONS

US inches closer to a TikTok ban

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The US House has voted 360-58 in support of a bill that would ban the video-sharing app TikTok if Chinese owners ByteDance fail to sell within 270 days. The bill, part of a larger foreign aid bill that includes aid for Ukraine, also includes the option to extend the timeframe by 90 days if a deal is in progress. US officials allege that ByteDance is subservient to the Chinese Communist Party and as a result, the app poses a threat to US security. The next step for the controversial bill is to be approved by the Senate, which will return from recess on April 29. From there, President Joe Biden has expressed his support for the bill. Tik...... Read Full article on HadNews

Nervous Australia considers restrictions on 'high-risk' AI

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The Australian government will pursue stronger regulation for artificial intelligence (AI) systems in response to public concern over emerging technologies like ChatGPT. The country’s Industry and Science Minister Ed Husic released the government’s interim response to a consultation on AI safety and responsibility on Wednesday (Jan.17). Adopting AI could boost Australia’s GDP by up to $600 billion annually analysts have predicted, but surveys show only one-third of Aussies believe adequate safeguards currently exist. The prosperous nation is one of the most nervous in the world about the rollout of artificial intelligence. Results of t...... Read Full article on HadNews