Insights - RAID

Khushbu Raval February 16, 2024 Insights, RAID Tech Policy Bytes

USIBC launches AI task force to deepen US-India collaboration

The US-India Business Council (USIBC) has launched its AI Task Force (AI-TF), aimed at fostering alignment between US and Indian leadership in artificial intelligence (AI). This initiative, operating under the auspices of USIBC, seeks to advance AI concepts and principles,…

Khushbu Raval February 14, 2024 Insights, RAID Tech Policy Bytes

EU pushes G20 for faster global corporate tax reform

The EU plans to urge G20 nations to finalise a global corporate tax deal that would impact tech giants like Google and Amazon. This “two-pillar” agreement, endorsed by G20 leaders in 2021, includes a global minimum tax rate of 15…

Khushbu Raval February 13, 2024 RAID Tech Policy Bytes

Klaus Schwab foresees “The Intelligent Age” at World Governments Summit

World Economic Forum founder Klaus Schwab proclaimed a new era for humanity at the World Governments Summit: “The Intelligent Age.” Fueled by the fourth industrial revolution’s advancements, this era promises “many more opportunities and possibilities.” Schwab relied on AI assistant…

Khushbu Raval January 30, 2024 RAID Tech Policy Bytes

Lack of transparency and child safety: key concerns in Italy’s ChatGPT probe

OpenAI is under investigation by Italy’s data protection authority over suspicions of violating European Union privacy with its AI chatbot, ChatGPT. The Italian authority, Garante, has not disclosed specific details but has given OpenAI 30 days to respond to the…

Khushbu Raval January 25, 2024 RAID Tech Policy Bytes

US and China to collaborate on AI safety, despite tensions

Despite tense trade relations and differing regulatory approaches, the US and China have agreed to work together on ensuring the safety of artificial intelligence (AI). This was announced by Arati Prabhakar, the White House’s top science adviser, speaking to the…

Khushbu Raval January 24, 2024 RAID Tech Policy Bytes

Latin America pushes for AI rules to secure democracy, boost economy

In the quest to regulate artificial intelligence (AI), Latin America is stepping into the arena, with Mexico leading the charge through the National Artificial Intelligence Alliance. Senator Alejandra Lagunes emphasises the need for a balanced approach in crafting regulations that…

Khushbu Raval January 23, 2024 RAID Tech Policy Bytes

Big bite from a bear: Apple fined $13.7 million in Russia

Apple has paid a $13.7 million fine to Russia’s Federal Antimonopoly Service for violating anti-monopoly laws. The fine resulted from Apple’s App Store rules, which prohibited iOS developers from informing users about external payment options within the app and restricting…

Khushbu Raval January 19, 2024 RAID Tech Policy Bytes

Quantum computing will bring ‘cybersecurity Armageddon’

IBM’s GM of Europe, Middle East, and Africa, Ana Paula Assis, warns that quantum computing will lead to a “cybersecurity Armageddon” by the end of the decade, catching governments and businesses unprepared. Quantum computers, with their parallel processing power, will…

Khushbu Raval January 17, 2024 RAID Tech Policy Bytes

Davos: Li Qiang urges human-centric AI and dismantling trade “obstacles”

Speaking at the World Economic Forum in Davos, Chinese Premier Li Qiang emphasised the need for human control over machines, advocating a human-oriented approach to AI development. He stressed the importance of guiding AI in a direction that supports humanity’s…

Khushbu Raval January 16, 2024 RAID Tech Policy Bytes

AI could disrupt nearly half of the world’s jobs, Georgieva urges action

The International Monetary Fund (IMF) predicts that almost 40% of jobs worldwide could be impacted by the growing influence of artificial intelligence (AI), potentially exacerbating global inequality. IMF Chief Kristalina Georgieva, in a blog post ahead of the World Economic…