Consumer Technology Association Senior Vice President of Government Affairs Michael Petricone moderated a lively CES panel on the importance of fostering a dynamic and competitive marketplace, which, he says, has “profound implications for technology and how we live.” “CES is the most appropriate place to have this conversation,” he noted. Those in support of antitrust regulation didn’t have much of a chance to make its case, as the panel was composed of four ardent anti-regulation advocates, with a single panelist who stood up for the ongoing need for antitrust regulation in today’s market. Continue reading CES: Panelists Discuss Competitive Merits of Anti-Regulation

Google is establishing a $20 million fund to promote responsible AI through its charitable arm, Google.org. The investment will provide grants to academics and think tanks as part of the company’s new Digital Futures Project, announced on the eve of today’s private meeting between Congress and AI-focused tech giants. “AI has the potential to make our lives easier and address some of society’s most complex challenges — like preventing disease, making cities work better and predicting natural disasters. But it also raises questions about fairness, bias, misinformation, security and the future of work,” Google said. Continue reading Google Digital Futures Project Pumps $20M into Responsible AI

California Governor Gavin Newsom signed an executive order for state agencies to study artificial intelligence and its impact on society and the economy. “We’re only scratching the surface of understanding what GenAI is capable of,” Newsom suggested. Recognizing “both the potential benefits and risks these tools enable,” he said his administration is “neither frozen by the fears nor hypnotized by the upside.” The move was couched as a “measured approach” that will help California “focus on shaping the future of ethical, transparent, and trustworthy AI, while remaining the world’s AI leader.” Continue reading Governor Newsom Orders Study of GenAI Benefits and Risks

Sam Altman continues to call for coordinated international regulation of artificial intelligence. The OpenAI co-founder and CEO visited Seoul this past weekend to meet with South Korean President Yoon Suk Yeol, who issued a statement saying it is important to act “with a sense of speed” in establishing international standards or face unwanted “side effects.” Altman also virtually delivered a keynote address to Chinese AI researchers at an annual conference hosted by the Beijing Academy of Artificial Intelligence, calling on China to participate in global rulemaking. Continue reading Altman Calls on China to Participate in Global AI Rulemaking

The EU’s draft AI Act is causing quite a stir, particular as it pertains to regulating general-purpose artificial intelligence, including guidelines for open source developers that specify procedures for accuracy, risk management, transparency, technical documentation and data governance, well as cybersecurity. The first law on AI by a major regulator anywhere, the proposed AI Act seeks to promote “trustworthy AI,” but some are critical that as written the legislation could hurt open efforts to develop AI systems. The EU is seeking industry input as the proposal heads for a vote this fall. Continue reading EU’s AI Act Could Present Dangers for Open-Source Coders

Senator Kirsten Gillibrand (D-New York) has revisited her Data Protection Act of 2020 to add the creation of a government agency that would regulate and enforce federal privacy laws. She noted that, “Big Tech companies are free to sell individuals’ data to the highest bidder without fear of real consequences … a data privacy crisis is looming over the everyday lives of Americans.” The revamped version, more likely to be passed during the Biden administration, also includes sections on antitrust and civil rights. Continue reading Another Call for the Creation of a Privacy Enforcement Agency

Facebook-owned Instagram created an “equity and inclusion team” to look at how Black, Hispanic and other U.S. minority users are impacted by the company’s algorithms and machine-learning systems. An Instagram spokesperson revealed that Facebook is planning a similar team. Only last year, Facebook wouldn’t allow employees to study the issue of bias introduced by algorithms, so the move is a reversal. Meanwhile, the advertiser boycott against Facebook, in part for how it deals with racial issues, is still in effect. Continue reading Facebook Greenlights Equity Teams to Study Algorithmic Bias

A KPMG report revealed that 67 percent of tech sector employees fear losing their jobs to automation and 70 percent worry their jobs will be eliminated due to the economic downturn. In other industries, only 44 percent of workers are concerned about losing their jobs to automation and 57 percent worry their jobs will disappear. Conducted in April, the survey queried 1,000 full-time/part-time workers, of whom 223 were in the tech sector. Twitter founder and CEO Jack Dorsey stated that, in the future, AI will write its own software. Continue reading Tech Sector Workers Fearful of Losing Jobs to AI Automation

Artificial intelligence is one bright spot in an otherwise gloomy employment picture. According to International Data Corp., the number of AI jobs could increase as much as 16 percent in 2020, for a total of 969,000 workers in data engineering, data science and machine learning development. That’s up from the 13 percent IDC predicted before the coronavirus took hold. But, said IDC global research lead Ritu Jyoti, 11 percent growth is also a “worst case scenario” during what are uncertain times. Continue reading AI Spending Is Expected to Increase During Global Pandemic

Less than a year after Amazon pulled out of a deal to build its second headquarters (HQ2) in Manhattan, it inked a lease for 335,000 square feet in the neighborhood to house more than 1,500 employees. Facebook is also reportedly in talks to lease 700,000 square feet in a nearby neighborhood. If that plan goes through, the social media platform, which has other real estate holdings in the city, would become one of its largest corporate tenants, which include JPMorgan Chase and Bank of America. Continue reading Amazon and Facebook to Lease More Space in Manhattan

Senate Commerce Committee chair Roger Wicker (R-Mississippi) proposed draft legislation that he said will support tough protections for consumer data and address the concerns of Democrats. Last week, Senator Maria Cantwell (D-Washington), the Committee’s top Democrat, proposed a data privacy law. The idea, Wicker continued, is to create a national privacy law that will override state privacy laws passed by California and other states. He and others believe state laws will create an unwieldy patchwork. Continue reading Republicans Issue Draft of Federal Data Privacy Legislation