Recently, the U.S. Department of Justice (DoJ) introduced new requirements in the field of corporate compliance, particularly concerning the use of Artificial Intelligence (AI). As more businesses begin to leverage AI technology, this new regulation undoubtedly adds extra pressure on compliance officers. Companies now need to carefully consider the legal risks associated with AI, or else they may face hefty fines. Image source note: The image is AI-generated, courtesy of the image licensing provider Midjourney. Nicole Argenti, Chief Deputy Assistant Attorney General of the Criminal Division at the DoJ.

Zuckerberg and Ek jointly criticized the EU AI regulations, arguing that these complex rules hinder the development of open source AI in Europe and limit innovation and developer vitality. They called for simplification and unification of regulations, emphasizing that open source AI creates a fair competitive environment. Europe should leverage its single diverse market advantage to avoid missing out on technological development opportunities. Although the EU legislation exempts open source AI, the conditions limit its potential, and the transparency requirements for datasets have little impact on open source AI. Zuckerberg also stated that he is willing to release a value of 10 if it is safe and beneficial to the public.

The EU is about to pass comprehensive artificial intelligence regulations. The European Parliament is set to vote on this legislation on March 13, with the law expected to come into effect in 2026, regulating various uses of AI, including bans on certain use cases.

🌐 Global Cooperation: The UK Prime Minister calls for the establishment of global AI safety rules, emphasizing the crucial role of government. 🇨🇳 Sino-British Cooperation: The UK invites China to participate in the AI safety summit to discuss AI regulatory issues. 📊 Consensus on Regulations: The summit aims to reach a consensus, but some remain skeptical.

["U.S. Senator Amy Klobuchar believes there is a general consensus in politics that AI needs regulation.", "She has introduced multiple bills, including one to ban deceptive AI-generated political advertising content.", "Klobuchar emphasizes collaboration with various stakeholders to establish the right regulatory framework."]

G7 leaders plan to establish international artificial intelligence (AI) regulations by the end of the year to address the rapid development of AI technology. G7 member countries will adopt a coordinated approach known as the 'Hiroshima AI Process' to jointly develop guidelines and codes of conduct at the United Nations Internet Governance Forum, including regulations for advanced AI systems such as generative AI. Prime Minister Kishida calls for wide-ranging stakeholder involvement to promote the dissemination of reliable information and encourages the development of additional technologies that can verify and confirm the sources and authenticity of AI-generated information. G7 member countries emphasize broad cooperation and stakeholder participation.

A Deloitte survey shows that 74% of companies are testing generative AI, and 65% are using AI internally. 56% of respondents are concerned that their companies lack ethical guidelines for AI. Issues related to data privacy, transparency, and intellectual property have raised concerns. Ethical violations could lead to reputational damage and regulatory penalties.