Consider this a ranging shot. The full broadside will follow
shortly.
Germany
orders Facebook to change the way it gathers data
Germany is moving to break up Facebook's dominant
position in gathering data about social media users.
The country's antitrust office ruled Thursday that
Facebook is abusing its virtual monopoly in social media by combining
data from Instagram, WhatsApp and third party websites.
The office said Facebook used the data to build a
unique profile about each user to gain more market power.
In future, Facebook will have to seek German
users' explicit consent to collect and combine such data. The
Bundeskartellamt ordered Facebook to come up with proposals for how
to do this.
… Facebook said it disagreed with the decision
and plans to appeal against it.
… It also accused the Bundeskartellamt of
trying to "implement an unconventional standard for a single
company."
(Related) Not that I’m counting.
Lucian Constantin reports:
Since the European Union’s General Data Protection Regulation (GDPR) came into effect in May last year, EU organizations have reported almost 60,000 data breaches, but so far fewer than 100 fines have been issued by regulators.
According to a new report by multinational law firm DLA Piper, the European Commission’s official statistics show 41,502 data breach notifications between May 25, 2018, and January 28, 2019 (Data Protection Day). However, this only covered 21 of the 28 EU member states and didn’t include countries like Norway, Iceland and Lichtenstein, which are not EU members but are part of the European Economic Area (EEA) and are subject to the same regulation.
Read more on ITWorld.
Learning how to operate in the land of GDPR. How
do you explain AI? Reading this article convinces me that lawyers
who can explain GDPR to management are worth their weight in gold.
What Do You
Rely on Consent For? 3 Things Consent No Longer Makes Legal After
the Google GDPR Fine
The recent 50 Million Euro Google GDPR fine
changes how every organization must do business around the globe.
This is due to new requirements for consent under the EU General Data
Protection Regulation (“GDPR”) as outlined
by Giovanni Buttarelli, European Data Protection Supervisor.
Companies must focus on
more than consent to legally process analytics and AI when those
processes cannot be described with the required specificity and
voluntariness at the time of data collection.
You can no longer use consent to:
- Process data collected with non-compliant consent;
- Process “Analytics & AI” (as defined below); or
- Make decentralized Analytics & AI legal.
Most
historical data, Analytics & AI, and decentralized processing is
illegal under the GDPR.
If your organization is relying on consent for any (all?) of these
processes, you are in violation of the GDPR.1
This is all they’re giving to Congress? No
wonder they remain so ignorant.
CRS –
Artificial Intelligence and National Security
Vias FAS: “The CIA has around 140 projects
involving or related to artificial intelligence, CRS noted (citing a
2017 story in DefenseOne).
See Artificial
Intelligence and National Security, updated January 30, 2019.”
(Related) Compare and contrast.
Understanding
China's AI Strategy
Would this work for other industries? (Hint:
Yes!)
What’s
Behind JPMorgan Chase’s Big Bet on Artificial Intelligence?
… According to Saxena, AI will help
financial services companies expand banking penetration worldwide,
launch new products and deepen customer engagements.
… Companies across every industry are looking
to gather and use more data. They want to better understand who
their customers are, how they interact with them, the services they
provide, and how they can improve those services and experiences.
Every activity is becoming data-driven.
AI is allowing companies like Google, Facebook and
Amazon to achieve hyper-scale. You can get personalized news feeds
in real-time. A grocery store or a bookstore like Amazon can serve
hundreds of millions of users globally. That is possible when you
inject AI into every piece of your business process. Now, transfer
this to AI and finance. The future of AI in finance is a bank that
can serve billions of people and provide personalized services.
Perspective. That’s a lot of bricks and mortar
for a non-bricks and mortar company.
When Amazon
Went From Big to Unbelievably Big
… According to its latest
annual report, Amazon now has 288 million square feet of
warehouses, offices, retail stores, and data centers. In 2017—the
biggest growth year for the company’s properties—alone, it added
more square feet of building (74.6 million) than the company had
total in 2012 (73.1 million), when it was already the
largest online retailer in the world. Amazon has added more building
space from 2016 to 2018 as it did in all the rest of its history. Go
back a little further in time, and the growth is even more
astounding: Amazon has 48 times the square footage
it did in 2004.
Perspective. Perhaps adults are not ready to be
kids again.
At least
1,500 people were injured in e-scooter-related crashes in America
since late 2017 — Consumer Reports
“Consumer Reports did
what no one in government seems to be doing,” tweeted Kim
Zetter (an author &
journalist I
follow, you should too).
They slogged through all the data, “tracked the
number of e-scooter accidents and injuries nationwide, and found
1,500... these are just ones they found by calling 110 hospitals and
5 agencies in 46 cities - there are likely many more.”
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