PYMNTS.com June 7, 2024
This week in artificial intelligence (AI) news, regulation is ramping up as policymakers aim to ensure safe and responsible AI development. Meanwhile, tech giants like Intel, AMD, Microsoft, OpenAI, and Nvidia face increased scrutiny from the FTC and DOJ.
AI Regulation Ramps Up
As AI weaves its way into daily life, policymakers are intensifying efforts to regulate the technology. Illinois recently passed bills to combat AI-generated child pornography and protect individuals’ likenesses from nonconsensual use in commercial applications. California, home to 32 of Forbes’ top 50 global AI companies, has taken the lead with State Sen. Scott Wiener’s Safe and Secure Innovation for Frontier Artificial Intelligence Models Act. At the federal level, the Equal Employment Opportunity Commission (EEOC) appointed Sivaram...
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