AI Regulation: A Global Race To Keep Up Or Fall Behind
April 24, 2023
In the US, the Federal Trade Commission (FTC) enforcesAI transparency, fairness, and accountability guidelinesy, while states like California have their own regulations.
The European Union (EU) introduced the General Data Protection Regulation (GDPR), which regulates AI’s impact on privacy and personal data.
China released a national AI plan and guidelines for ethical AI development, emphasizing state control and security
Canada has a collaborative approach to AI regulation, with the government working with academia and industry to develop ethical guidelines.investors.
The Japanese Ministry of Economy, Trade and Industry has released "Governance Guidelines for the Practice of AI Principles" to promote responsible and ethical AI development and use
Singapore’s Personal Data Protection Commission (PDPC) has issued guidelines for AI and data analytics, emphasizing transparency and accountability.
The Indian government has withdrawn its plans to regulate AI, which has raised concerns about the lack of oversight and potential negative consequences.