By
ETCentric StaffMarch 15, 2024
The European Union has passed the Artificial Intelligence Act, becoming the first global entity to pass comprehensive law to regulate AI’s development and use. Member states agreed on the framework in December 2023, and it was adopted Wednesday by the European Parliament with 523 votes in favor, 46 against and 49 abstentions. The legislation establishes what are being called “sweeping rules” for those building AI as well as those who deploy it. The rules, which will take effect gradually, implement new risk assessments, ban AI uses deemed “high risk,” and mandate transparency requirements. Continue reading EU Lawmakers Pass AI Act, World’s First Major AI Regulation
By
ETCentric StaffMarch 7, 2024
After a tumultuous two-year slump, Bitcoin rebounded this week when it briefly reached a new all-time high exceeding $69,000, marking a more than 300 percent rise since November 2022 when the price was below $20,000. The prior record of just below $68,790 dates back to November 2021. The 2024 rally comes on the heels of regulatory action approving rules that make it simpler for individuals to invest in Bitcoin by allowing some large investment firms including BlackRock, Fidelity, Grayscale and Valkyrie to add it to their funds, making it easier for the average investor to choose it as a portfolio option. Continue reading Bitcoin Hits Record $69,000 High Following SEC Rule Change
By
ETCentric StaffFebruary 27, 2024
Florida’s legislature has passed a bill banning children younger than 16 from having social media accounts despite some pushback from Governor Ron DeSantis, who said he will be wrestling with whether to sign the measure into law. Due to a procedural requirement, DeSantis will have to sign or veto the proposed legislation before lawmakers conclude the current session in a matter of weeks. He has expressed dissatisfaction with the lack of a provision to let parents override the restriction, which would curtail access to the most popular sites, potentially impacting TikTok, Instagram, Facebook, Snapchat and YouTube. Continue reading Florida Pushes Forward a Social Media Ban for Kids Under 16
By
Paula ParisiJanuary 31, 2024
As parents and educators grapple with figuring out how AI will fit into education, OpenAI is preemptively acting to help answer that question, teaming with learning and child safety group Common Sense Media on informational material and recommended guidelines. The two will also work together to curate “family-friendly GPTs” for the GPT Store that are “based on Common Sense ratings and standards,” the organization said. The partnership aims “to help realize the full potential of AI for teens and families and minimize the risks,” according to Common Sense. Continue reading OpenAI Partners with Common Sense Media on AI Guidelines
By
Phil LelyveldJanuary 16, 2024
A CES session on government AI policy featured an address by Assistant Secretary of Commerce for Communications and Information Alan Davidson (who is also administrator of the National Telecommunications and Information Administration), followed by a discussion of government activities, and finally industry perspective from execs at Google, Microsoft and Xperi. Davidson studied at MIT under nuclear scientist Professor Philip Morrison, who spent the first part of his career developing the atomic bomb and the second half trying to stop its use. That lesson was not lost on Davidson. At NTIA they are working to ensure “that new technologies are developed and deployed in the service of people and in the service of human progress.” Continue reading CES: Panelists Weigh Need for Safe AI That Serves the Public
By
Debra KaufmanJanuary 16, 2024
In a conversation with CTA Senior Director of Regulatory Affairs Rachel Nemeth during CES 2024 in Las Vegas, a group of experts on consumer affairs and federal regulatory policy delved into the impact of existing and recent legislation on various sectors. Interestingly, they all agreed on one thing: the need for a national privacy law to replace the patchwork of differing state laws. T-Mobile Director of Federal Regulatory Affairs Melanie Tiano noted that currently 13 states have comprehensive privacy laws and that, two weeks into the new legislative session, she’s tracking more than 30 privacy-related bills. Continue reading CES: Experts Discuss the Path Toward a National Privacy Law
By
Debra KaufmanJanuary 12, 2024
U.S. Consumer Product Safety Commission (CPSC) Chair Alexander Hoehn-Saric spoke with CTA Senior Director of Regulatory Affairs Rachel Nemeth during CES 2024 about the challenges of extending safety to products that are constantly evolving and incorporating new technologies such as machine learning and artificial intelligence. Nemeth pointed out that the agency’s authorizing statute was enacted in 1972 and was last amended in 2008. “We’re doing a lot of good work with the statute we have,” Hoehn-Saric responded. “But we’re changing the way we operate. We talk a lot about machine learning and AI.” Continue reading CES: Championing Consumer Product Safety in the Age of AI
By
Debra KaufmanJanuary 12, 2024
CTA Vice President of Regulatory Affairs David Grossman spoke on a range of security topics with Deputy National Security Advisor for Cyber and Emerging Tech Anne Neuberger, principal adviser to President Biden on cyber affairs. During CES 2024, the two discussed the debut of the U.S. Cyber Trust Mark and its just-announced international reach, as well as spectrum policy and the reauthorization of the spectrum auction. Neuberger expressed her appreciation for partnerships in the private sector — and especially the Consumer Technology Association — in helping the government bring the Cyber Trust Mark program into being. Continue reading CES: Conversation with Cybersecurity Expert Anne Neuberger
By
Debra KaufmanJanuary 11, 2024
CTA Senior Manager of Government Affairs John Mitchell led a discussion at CES on the use of blockchain as the basis of a new economic ecosystem. Coinbase Head of U.S. Policy Kara Calvert, FinClusive CEO Amit Sharma, and Paradigm Policy Director Justin Slaughter expressed enthusiasm about the potential for financial inclusion and digital identity as well as frustration over U.S. legislators’ approach to regulation. “Here, blockchain is positioned as a problem to address, not an opportunity to be seized,” suggested Slaughter. Meanwhile, they note, Switzerland, China and other countries are taking the lead. Continue reading CES: Leaders Urge Regulation to Unleash Blockchain’s Power
By
Debra KaufmanJanuary 11, 2024
Telecommunications attorney and FCC Commissioner Anna Gomez, in conversation with CTA Vice President of Regulatory Affairs David Grossman on the CES stage, talked about her decision to cast a vote to restart net neutrality rules. “I agree with a lot of what [FCC Commissioner Brendan] Carr said about it,” she explained, referring to his remarks deeming net neutrality not as relevant as it was in the early 2000s. “But broadband connectivity is central to everyone’s lives and it’s important to have guardrails to make sure that all consumers benefit from a competitive product.” Continue reading CES: FCC Commissioner Anna Gomez on Spectrum Strategy
By
Debra KaufmanJanuary 11, 2024
The FCC’s Brendan Carr, the senior Republican Commissioner, in conversation with Consumer Technology Association Senior Director of Regulatory Affairs Rachel Nemeth, addressed the fact that the FCC’s spectrum auction authority has expired. FCC Chairwoman Jessica Rosenworcel and her fellow Commissioners have called for its renewal. Nemeth asked Carr to comment on how the end of spectrum auctions would impact technologies such as voice recognition and IoT devices that are “on the cusp” of coming together to be “more seamless and practical for the consumer.” His answer was that spectrum is vital for connectivity and “our geopolitical leadership.” Continue reading CES: FCC Commissioner Brendan Carr Addresses Spectrum
By
Debra KaufmanJanuary 11, 2024
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
By
Debra KaufmanJanuary 10, 2024
In a CES conversation with Consumer Technology Association Senior Director of Regulatory Affairs Rachel Nemeth, FTC Commissioner Rebecca Slaughter discussed the Commission’s work on AI-enabled impersonation fraud, privacy, and right of repair. Taking the stage just after FDA Commissioner Robert Califf, Slaughter said she wanted to co-sign his plea for “full visibility of the work we do.” “We have responsibility to all Americans to make sure they are represented in the substance of the work we do,” she said. “The same is true for industries that want to reach all Americans.” Continue reading CES: FTC Commissioner Rebecca Slaughter on AI Regulation
By
Paula ParisiDecember 22, 2023
The Federal Trade Commission has proposed new rules to strengthen the Children’s Online Privacy Protection Act (COPPA), further limiting the collection of children’s data, particularly those who seek to monetize the information through targeted advertising. FTC Chair Lina Khan says the proposed changes aim to prevent tech firms “from outsourcing their responsibilities to parents” when it comes to ensuring privacy for children’s data. The FTC says it has issued fines totaling hundreds of millions of dollars to Google’s YouTube, and to a lesser extent, ByteDance’s TikTok, for mishandling the data of children 13-years-old and younger. Continue reading FTC Seeks to Bolster COPPA So Firms Can’t Surveil Children
By
Paula ParisiDecember 12, 2023
The EU has reached a provisional agreement on the Artificial Intelligence Act, making it the first Western democracy to establish comprehensive AI regulations. The sweeping new law predominantly focuses on so-called “high-risk AI,” establishing parameters — largely in the form of reporting and third-party monitoring — “based on its potential risks and level of impact.” Parliament and the 27-country European Council must still hold final votes before the AI Act is finalized and goes into effect, but the agreement, reached Friday in Brussels after three days of negotiations, means the main points are set. Continue reading EU Makes Provisional Agreement on Artificial Intelligence Act