The article discusses how lessons from the Agricultural Revolution can inform corporate governance as generative AI transforms knowledge work. It emphasizes the need for boards to adopt strategic, policy, and programmatic frameworks to effectively manage this technological shift.
The EU AI Act aims to create a comprehensive framework for governing artificial intelligence, with an emphasis on a Code of Practice being developed by various stakeholders. However, leading US companies are lobbying for a diluted version of the Code, which undermines the legitimacy of the process and threatens to prioritize corporate interests over the public good.
Latin America faces a crucial decision on whether to develop AI governance on its own terms or risk becoming a regulatory colony of Silicon Valley and Brussels. Policymakers across the region are realizing that effective AI regulation can not only mitigate risks but also foster innovation and attract responsible investments.
In a thought-provoking discussion at the 20th Internet Governance Forum, Jovan Kurbalija suggested that understanding AI governance may require viewing it through the lens of magical realism, where the extraordinary intertwines with the mundane. He emphasized that just as magical realism comments on societal truths, AI presents new ethical dilemmas that challenge our perceptions of power, identity, and reality.
Key US senators have reached an agreement to pause state regulations on artificial intelligence for five years, a move that has garnered support from major tech companies and venture capitalists. The deal, which exempts certain state laws protecting children and musicians, reflects ongoing debates about the balance between innovation and regulation in the AI sector.
The European Union’s Artificial Intelligence Act, often referred to as the ‘new GDPR’, has come into effect, marking a significant shift towards the regulation of AI technologies. This comprehensive legislation aims to ensure that AI systems are safe, respect fundamental rights, and promote trustworthy innovation within the EU market.
European and American companies have urged the EU to delay the implementation of the AI Act for at least two years, citing concerns that the legislation could stifle AI development. A letter signed by 45 organizations, including major firms like ASML and Airbus, requests a more innovation-friendly approach to regulation.
Top CEOs from Europe are urging the European Commission to reconsider the pace of the AI Act, expressing concerns about its implications for innovation and competitiveness. They advocate for a more measured approach to ensure that regulatory frameworks do not stifle advancements in artificial intelligence.
The European Commission announced that guidance for companies to comply with the EU’s artificial intelligence rules may be delayed until the end of 2025, a six-month postponement from the original timeline. This delay could impact many companies that need to align their AI systems with the new regulations.
The European Commission announced that a code of practice to assist companies in complying with the EU’s artificial intelligence rules may not be issued until the end of 2025, marking a potential delay of over six months. Major companies, including Google and Meta, have called for this delay, citing the absence of the necessary guidelines.