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NYC law governing AI-based hiring tools goes live
Nov 13,2023
After several delays, a New York City law requiring companies to vet their automated employee hiring or promotion tools went into effect Wednesday in an attempt to thwart biases baked into software used by HR offices. New York City Loc...
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How banks and businesses can prep for the FedNow instant-payment system
Nov 13,2023
After a pilot program that lasted six months, the US Federal Reserve System plans to launch its FedNow real-time payment system in July. But many banks and businesses could be caught flatfooted when it launches. The central bank's payment and settlem...
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UK targets new funding to support the development of 'responsible AI'
Nov 13,2023
The UK government has announced$68 million (
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Apple's Eddy Cue testifies in Google's confusing, secretive antitrust trial
Nov 13,2023
On the same day that the US Federal Trade Commission sued Amazon for using anticompetitive and unfair strategies to maintain monopoly power in the online retail sector, Eddy Cue, Apple's senior vice president of services, spent hours a few blocks awa...
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Biden: Get federal workers back in the office
Nov 13,2023
US President Joe Biden is telling his Cabinet members to get federal employees back into the office beginning this fall, according to a White House email obtained last week by Axios. "We are returning to in-person work because it is critica...
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UK launches $143 million AI skills package, with new visa scheme
Nov 13,2023
The UK government has announced a
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What exactly will the UK government's global AI Safety Summit achieve?
Nov 13,2023
From tomorrow, the UK government is hosting the first global AI Safety Summit, bringing together about 100 people from industry and government to develop a shared understanding of the emerging risks of leading-edge AI while unlocking its benefits.&nb...
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UK government earmarks $122 million on AI for healthcare
Nov 13,2023
The government of the UK will spend approximately
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UK gov't outlines AI risks in new report ahead of AI Safety Summit
Nov 13,2023
Artificial intelligence poses a wide range of risks, including the possibility for AI tools to produce disinformation, disrupt certain sectors of the labor market, and magnify biases that exist within the data sets systems have been trained on, accor...
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White House to issue AI rules for federal employees
Nov 13,2023
After earlier efforts to reign in generative artificial intelligence (genAI) were criticized as too vague and ineffective, the Biden Administration is now expected to announce new, more restrictive rules for use of the technology by federal empl...
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These US senators want to shake up Big Tech regulation
Jul 27,2023
Drazen Zigic/Getty Images US Senators Lindsey Graham and Elizabeth Warren proposed a bipartisan bill allowing Congress to establish a new regulatory body to oversee Big Tech companies like Amazon, Meta, Google, Apple, and Microsoft. Also:...
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US Chamber of Commerce pushes for AI regulation, warns it could disrupt economy
Mar 10,2023
BlackJack3D/Getty Images As tech companies continue to leverage the powers of artificial intelligence, U.S. regulators are worried that the technology's fortitude will outpace existing laws and provisions. As a result, the US Chamber of C...
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