- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The Internet of Things is often a boon for companies, but experts warn of the need for a response plan when that technology becomes a weapon of mass destruction.
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Regulators across the globe are chomping at the bit to supervise how businesses use artificial intelligence, prompting experts to encourage compliance to get involved in the decision-making process regarding the technology.
Eight large companies, including Mastercard and JPMorgan Chase, have been ordered by the Federal Trade Commission to provide detailed reports about their possibly secret use of artificial intelligence to track customers and use the information to set prices.
The European Commission informed X, formerly Twitter, that it may be the first company found to be in violation of the European Union’s Digital Services Act in areas “linked to dark patterns, advertising transparency, and data access for researchers.”
