Wednesday, January 24, 2024

Even my AI is concerned.

https://www.cpomagazine.com/data-protection/gdpr-2-0-new-comprehensive-ai-regulations-from-the-eu/

GDPR 2.0? New Comprehensive AI Regulations From the EU

When the EU first introduced GDPR five years ago, the world went through a seismic shift as organizations scrambled to ensure they updated their privacy notice, ensuring transparency on how they govern their data and everything in between. Since then, GDPR has accrued over $4 billion in fines.

With GDPR setting the standard of what data privacy and regulations should look like, the EU sets out to once again change the way we view regulations. Many are hailing this historical moment as a right step in the right direction, with the regulations outlining what tech companies that make AI will have to show or risk incurring fines of up to 7% of their global sales (GDPR fines are up to 4%.)



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