- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aaron Nicodemus2023-04-11T19:10:00
With generative artificial intelligence (AI) tools coming to the forefront, companies are confronting the question of how to safely and effectively use OpenAI’s ChatGPT, Microsoft’s new ChatGPT-powered Bing, and Google’s Bard.
If your firm implements other AI tools like algorithms that sift massive data sets or frameworks to vet the value of a digital acquisition, you’ve already got a template. It’s just a matter of asking the right questions.
Generative AI is a type of technology that can take actions from past data with the ability to create “brand-new content—a text, an image, even computer code—instead of simply categorizing or identifying data like other AI,” Reuters reported.
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The Federal Trade Commission is closely tracking company use of artificial intelligence tools for possible rule violations involving deception, discrimination, excessive manipulation, or unfairness.
Scrutiny into ChatGPT has reignited concerns the General Data Protection Regulation is either stifling innovations in technology or that the legislation is not flexible enough to keep pace with technological advances. Experts weigh in.
The European Union’s draft law to regulate artificial intelligence must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter.
Examiners with the Securities and Exchange Commission found investment advisory firms have generally done well creating processes to comply with the agency’s amended marketing rule but some have fallen short in ensuring compliance.
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
The implications of a privacy rights case involving a U.K.-based Uber Eats driver underscore a popular belief that companies prioritize protecting the personal information of their customers over the data rights of their employees.
