Category: News

AI Regulation: A Double-Edged Sword for Europe

In an interview, AI law expert Covadonga Torres discusses the challenges and contradictions of the European Union’s AI regulation, highlighting its ambitious ethical goals alongside risks of legal uncertainty and technological disadvantage. She warns that the internet is becoming a “prison for will and privacy” due to algorithmic control and surveillance practices that threaten citizens’ freedoms.

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South Korea Enforces AI Content Labeling Regulations

South Korea has enacted groundbreaking laws under its “AI Basic Act” requiring companies to label AI-generated content to enhance trust and safety in artificial intelligence. The legislation imposes significant obligations for high-impact AI systems and penalties for non-compliance, while allowing a grace period for adaptation.

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Connecticut’s Ongoing Struggle with AI Regulation

Connecticut lawmakers have faced challenges establishing clear AI regulations for two years, leaving important issues around data privacy and consumer protections unresolved. As AI adoption grows, the urgency for effective state policy increases with legislators preparing for a renewed effort in the upcoming session.

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Shaping the Future of Retail Financial Services with AI

The Mills Review, launched by the FCA, explores how advancements in artificial intelligence could transform retail financial services while balancing innovation and consumer protection. It seeks insights on evolving risks, consumer outcomes, and regulatory approaches to support a thriving financial sector by 2030 and beyond.

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