Simone Onofri

This report ventures away from the regulation-and-Laissez-Faire dichotomy in #AI governance and proposes an alternative approach: the ‘Mumbai and Tel Aviv effect’. It calls for an #AI regulatory framework that allows for localised innovation, addresses national security needs, and bolsters each country’s democratic institutions, while remaining interconnected in the #technological mosaic of the global community.

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EU AI Act in Action! On August 1, 2024, the European Union implemented the world’s first comprehensive AI legislation, the EU AI Act. This landmark law sets a global standard for AI governance, embracing a risk-based approach. Here's what you need to know: 🔹 Risk Categorization: AI systems are classified by risk level—high-risk systems face strict regulations, while systems with unacceptable risks are banned altogether. 🔹 General-Purpose AI (GPAI): The Act introduces additional obligations for GPAI developers, including mandatory documentation of training and testing processes, as well as risk assessments to mitigate potential harm. 🔹 Deepfake Regulations: AI-generated content like deepfakes must be clearly labeled to ensure transparency and prevent misuse. 🔹 Fines for Non-Compliance: Companies that fail to meet the Act’s standards could face fines of up to 7% of their annual global revenue. 🔹 Global Reach: Although it’s an EU regulation, the law applies to any company doing business in Europe, making it a critical consideration for global enterprises. 🔹 Data Security & Ethics: The law emphasizes the ethical use of AI, focusing on data privacy and cybersecurity measures to protect against AI-driven threats. For more details, you can access the full text of the regulation here: https://lnkd.in/euGfjvqx #Enqura #FinTechFive #AIRegulation #Innovation #Compliance #Deepfake #AIAct

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The EC has announced new proceedings against Apple on interoperability under the Digital Markets Act. This process aims to encourage Apple into compliance with the interoperability obligations of the DMA, potentially leading to significant changes in its approach to third party hardware and software proivders. In response, Timothy Cowen, co-founder of the Movement for an Open Web, said: “The EC have hit the bullseye by aiming at interoperability with these proceedings. Interoperability is what enables businesses to compete on a level playing field with the platforms and that’s why they’ve been intentionally degrading it over the last few years. For example, Apple degraded interoperability in open web advertising, making it a less effective channel for advertisers. This increased the value of search advertising where Apple benefitted via its revenue share with Google. That same approach is happening across the board and the EC is recognising that with these proceedings.  “This is the first major intervention against the platforms on interoperability by the EC under the DMA and it’s a clear demonstration of the potential that this legislation has to combat their monopoly power. We would encourage the EC to go further in these proceedings and to also look at the damage Apple and Google have done by blocking and devaluing the open web standards such as cookies that enable interoperability between businesses.” Read our statement here:▶️ https://lnkd.in/ecP7BCZG

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In the latest episode of AI Counsel Code, host Margaret Welsh is joined by Baker Botts Washington, D.C. Associate Joseph Cahill for part-one of our two-part series examining the EU AI Act. During this episode Maggie and Joe discuss what the EU AI Act covers and how it’s structured. 🔊 Listen here: https://okt.to/ipkVa9 #ArtificialIntelligence #Podcast #AICounselCode #AI #EUAIAct

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The European Union (EU) anti-trust authorities have raided stock exchanges Germany Deutsche Borse & Nasdaq for suspected financial derivatives cartel. Read - https://lnkd.in/gt75cfWi follow Caproasia | Driving the future of Asia The European Union (EU) anti-trust authorities have raided stock exchangesGermany Deutsche Borse & Nasdaq for suspected financial derivatives cartel.  Deutsche Börse Nasdaq

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AI under new management: EU sets global standard with Artificial Intelligence Act - BusinessLine: AI under new management: EU sets global standard with Artificial Intelligence Act  BusinessLine http://dlvr.it/T7jxHC #ai #artificialintelligence

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📍This important review describes "The Evolving View of #Uremic Toxicity" Read the full text of this feature paper: 🔎https://lnkd.in/gT2izt5G

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45% of respondents expect #FWA to increase, due in part to #AI which makes it easier for illicit actors to #FakeDocuments and #ForgeIdentities, increasing technical sophistication, and technological deficiencies of most #GovernmentAgencies: https://ow.ly/MQpS50SWz4k #Fraudsters #TRInstitute #TRIReports

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UP NEXT: Ethics and Accountability in AI: Compliance with the New EU AI Act. A timely discussion on how the forthcoming AI Act will impact AI deployment and usage, emphasizing ethical considerations and accountability measures for AI developers and users​. Get your questions answered from this expert panel: https://lnkd.in/eh6CDPSR #RISK #Ethics #AI #Compliance #EUAIACT #AIDevelopers

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As focuses shift towards human-centered explainable #AI, its implementation is still lacking. This article questions whether regulation or legislation could address the issue? Read: http://spkl.io/60424Anx0 Subscribe: http://spkl.io/60444Anx2 Information Matters #InformationMatters #HCXAI

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#Breaking - High court showdown as Nvidia fights to dodge securities fraud lawsuit Read more: https://lnkd.in/eZTWaxWZ #court #nvidia #usa #technology #ai #misinformation This article has been fact-checked by Oigetit ✅ www.oigetit.ai - Using AI to fight Misinformation & Fake News

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Deep fakes and Public Figures: How the No Fakes Act Aims To Combat Ai-Driven Deception. Public figures are often subject to open-ended criticisms. Over time, the likeness of these figures has become an asset in itself that now needs protection against the massively expanding scope of Artificial Intelligence. Read More: https://lnkd.in/gPySUHV9 #deepfake #licensing #copyright #AI #copyrightact #copyrightlaw Ashish Kankal Akshith Awaji Medha Banta Rajat Sabu Chhavi Pande Harsha Aswani Adv Mohit Kasana Adv. Keshav Singh Neeraj Bondre Nishank Barolia Sahil khan Ancy Jacob Bhavya Verma

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